Judge Blocks Elon Musk's $56 Billion Tesla Pay Package Again

A US judge has rejected Tesla's attempt to reinstate Elon Musk's $56 billion pay package, despite shareholder approval, citing procedural issues. The package, linked to Tesla's performance, has increased in value due to a surge in Tesla's stock. Tesla plans to appeal the decision, which could lead to a Supreme Court ruling. The case highlights tensions between Musk's influence and Delaware's corporate law, as Musk has moved his companies' incorporations to other states. The court also reduced legal fees requested by the law firm representing the shareholder who challenged the package.