Judge Upholds Rejection of Musk's $56 Billion Tesla Pay Package

1 min read
Source: The New York Times
Judge Upholds Rejection of Musk's $56 Billion Tesla Pay Package
Photo: The New York Times
TL;DR Summary

A Delaware judge has ruled that Elon Musk's $50 billion compensation package from Tesla cannot be reinstated. This decision comes after a legal challenge questioning the fairness and approval process of the pay deal, which was one of the largest in corporate history. The ruling is a significant development in the ongoing scrutiny of executive compensation practices.

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