Elon Musk's $56 Billion Tesla Pay Package Rejected Again By Delaware Judge
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A Delaware judge has once again rejected the $56 billion pay package for Tesla CEO Elon Musk, which was established in 2018. Following this news, Tesla's stock experienced a modest decline after reaching a two-year closing high.
December 02, 2024 | 11:30 pm
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Tesla's $56 billion pay package for CEO Elon Musk was rejected again by a Delaware judge, causing a modest decline in Tesla's stock price after it reached a two-year high.
The rejection of the pay package is a significant legal development for Tesla, potentially affecting investor sentiment. The stock's modest decline suggests a negative short-term impact, despite the recent high.
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