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In a rare slapdown for Elon Musk, a Delaware judge finds that his $56-billion Tesla pay package was the product of giant conflicts of interest on the Tesla board.
In a rare slapdown for Elon Musk, a Delaware judge finds that his $56-billion Tesla pay package was the product of giant conflicts of interest on the Tesla board.
A Delaware court ruled that Tesla's board did not have substantive discussions on Musk's pay, and that directors were too beholden to Tesla's CEO.
Robyn Denholm, who earned $426 million, and James Murdoch are among Tesla board members blasted by a US judge for not standing up to Elon Musk’s pay demands.
By Mariko Oi & Michael RaceBusiness Correspondents, BBC News30 January 2024Updated 19 minutes agoimage source, Good picturesA judge in the US state of