Elon Musk's $56 billion Tesla pay package has been tossed out by the court

Engadget
By Mariella MoonJan 31, 2024, 2:42 am176 ptsTrending
In 2018, Tesla awarded Elon Musk a $56 billion pay package that helped propel him to the top of world's richest lists. Now, a judge in Delaware has rendered the deal between the company and the CEO to be invalid and called the compensation an "unfathomable sum" that's unfair to shareholders. As initially seen…

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