Elon Musk pay package: Tesla CEO cannot keep pay package worth more than $55 billion, Delaware judge rules
Elon Musk, the Tesla CEO, cannot keep a pay package worth more than $55 billion, a Delaware judge ruled.
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Elon Musk, the Tesla CEO, cannot keep a pay package worth more than $55 billion, a Delaware judge ruled.
By Mariko Oi & Michael RaceBusiness Correspondents, BBC News30 January 2024Updated 19 minutes agoimage source, Good picturesA judge in the US state of
By Mariko OiBusiness Correspondent30 January 2024Updated 1 hour agoimage source, Good picturesA judge in the US state of Delaware has struck down a
Lawyers say the compensation package should be voided because it was the product of sham negotiations.
The ruling comes more than five years after a shareholder lawsuit targeted Tesla CEO and directors of the company over a waste of corporate assets and unjust enrichment for Musk