A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package, rejecting arguments from Musk and Tesla’s corporate directors, as well as a massive fee request from plaintiff lawyers.
A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk ’s multibillion-dollar pay package , rejecting arguments from Musk and Tesla ’s corporate directors, as well as a massive fee request from plaintiff lawyers. The compensation package, initially valued at around $56 billion, was challenged by a Tesla stockholder in a lawsuit.
The judge denied the request to vacate her original ruling and set the fee award at $345 million, emphasizing the flaws in the 2018 process and the lack of independence among directors
Elon Musk Tesla Pay Package Delaware Judge Legal Ruling
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