Elon Musk's Massive Tesla Pay Package Struck Down By Judge—Again
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A Delaware judge has struck down Elon Musk's $50 billion Tesla pay package for the second time, citing undue influence over shareholders. This decision comes despite prior approval by Tesla shareholders.
December 02, 2024 | 11:30 pm
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A Delaware judge has invalidated Elon Musk's $50 billion pay package for the second time, citing undue influence over Tesla shareholders. This legal decision could impact Tesla's stock price.
The judge's decision to strike down Musk's pay package could lead to investor uncertainty and potential negative sentiment towards Tesla's governance, impacting its stock price negatively in the short term.
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