Tesla Bull Gary Black Slams Delaware Chancellor's 'Judicial Activism' In Elon Musk's $56B Pay Package Case
Portfolio Pulse from Benzinga Neuro
Gary Black, Managing Partner at Future Fund, criticized Delaware judges for overstepping their roles in a Tesla Inc. (NASDAQ:TSLA) case involving Elon Musk's $56 billion pay package. The Delaware General Assembly passed Senate Bill 313 to restrain judicial activism, reflecting ongoing tensions between the judiciary and legislative bodies.
June 24, 2024 | 4:41 am
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Gary Black criticized Delaware judges for overstepping in a Tesla case involving Elon Musk's $56 billion pay package. The Delaware General Assembly passed SB 313 to curb judicial activism, reflecting ongoing tensions between judiciary and legislative bodies.
The criticism from a prominent Tesla investor and the legislative move to curb judicial activism could create uncertainty around Tesla's legal environment, potentially impacting investor sentiment negatively in the short term.
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