Elon Musk's $50 Billion Tesla Pay Can't Be Reinstated, Delaware Judge Rules
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A Delaware judge has ruled that Elon Musk's $50 billion compensation package from Tesla cannot be reinstated, despite Tesla shareholders approving it a second time.
December 02, 2024 | 10:30 pm
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A Delaware judge has ruled against reinstating Elon Musk's $50 billion compensation package, despite a second approval by Tesla shareholders.
The ruling against reinstating Musk's compensation package could be seen as a setback for Tesla's leadership stability and may raise concerns among investors about governance issues, potentially leading to a short-term negative impact on TSLA stock.
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