Musk's $55.8 bn Tesla pay deal again rejected by US judge
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A US judge has once again rejected Elon Musk's $55.8 billion compensation package at Tesla, denying a shareholder vote to restore the pay deal.
December 03, 2024 | 9:30 am
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A US judge has rejected Elon Musk's $55.8 billion compensation package at Tesla, denying a shareholder vote to restore it. This legal decision could impact investor sentiment and Tesla's stock price.
The rejection of Musk's compensation package could lead to negative investor sentiment as it raises concerns about governance and executive compensation at Tesla. This may result in short-term downward pressure on Tesla's stock price.
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