Elon Musk’s $56 Billion Tesla Pay Package Rejected Again: Delaware Judge Upholds Decision
Court ruling reignites controversy over Musk’s compensation, raising questions about governance and shareholder influence. Tesla CEO Elon Musk has once again been denied a $56 billion compensation package after a Delaware judge rejected its reinstatement despite a shareholder vote in favor. Chancellor Kathaleen McCormick of the Delaware Court of Chancery reaffirmed her January decision that rescinded the controversial pay package, citing its excessive nature and irregularities in its approval process. The ruling has not only stirred debate among investors but also cast uncertainty over Musk’s future role at Tesla, the world’s most valuable carmaker. A Landmark Legal Battle The latest … Continue reading Elon Musk’s $56 Billion Tesla Pay Package Rejected Again: Delaware Judge Upholds Decision
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