Tesla Shareholders Urged to Reject Musk's $56B Pay Package

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Source: Reuters
Tesla Shareholders Urged to Reject Musk's $56B Pay Package
Photo: Reuters
TL;DR Summary

A Delaware judge has been assured by Tesla that it will not contest her ruling voiding Elon Musk's $56 billion pay package outside of Delaware. This comes ahead of a shareholder vote on June 13 to ratify the pay package and reincorporate Tesla in Texas. The judge must also decide on a $6 billion legal fee request from the shareholders' legal team before any appeal can proceed.

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