Delaware judge strikes down Elon Musk's Tesla pay package for 2nd time
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A Delaware judge has once again struck down Elon Musk's $56 billion pay package from Tesla, despite shareholder approval in June. This decision follows a previous voiding of the package in January.
December 02, 2024 | 10:45 pm
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A Delaware judge has struck down Elon Musk's $56 billion pay package for the second time, despite Tesla shareholders approving it in June. This legal decision could impact investor sentiment and Tesla's stock price.
The repeated legal challenges to Musk's pay package could create uncertainty among investors, potentially leading to a negative impact on Tesla's stock price. The decision highlights ongoing legal issues, which may affect investor confidence.
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