Judge voids Elon Musk's 'unfathomable' $75 billion Tesla pay package
The ruling swept away the largest executive compensation plan in history. Read more at straitstimes.com.
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The ruling swept away the largest executive compensation plan in history. Read more at straitstimes.com.
Tesla CEO Elon Musk waves as he arrives at Atreggio, the annual political festival organized by Giorgia Meloni's Brothers of Italy political party, on
A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid.
A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid.The judge in Delaware Chancery Court ruled that the plaintiff, a Tesla shareholder named Richard Tornetta, was "entitled to rescission," approving the annulment of Musk's 2018 compensation agreement.
A Delaware judge ruled Tuesday that Elon Musk is not eligible for a major compensation package offered by Tesla's board of directors worth more than