Elon Musk's $56B Tesla pay package rejected again by Delaware judge
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A Delaware judge has once again rejected Elon Musk's $56 billion pay package from Tesla. Additionally, Tesla has been ordered to pay $345 million in attorney fees, significantly less than the $6 billion initially requested.
December 02, 2024 | 11:30 pm
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Elon Musk's $56 billion pay package from Tesla has been rejected again by a Delaware judge. Tesla is also ordered to pay $345 million in attorney fees, much less than the $6 billion requested.
The rejection of Musk's pay package and the order for Tesla to pay attorney fees could negatively impact investor sentiment, leading to a potential short-term decline in TSLA stock price. The legal costs, although less than requested, still represent a significant financial outlay.
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