Landmark Decision Invalidates Elon Musk’s Record-Breaking $56 Billion Tesla Compensation
In a groundbreaking verdict, a judge in the state of Delaware has nullified Tesla chief executive Elon Musk’s staggering $56 billion compensation package. The decision, rendered on January 30, 2024, favored a shareholder, Richard Tornetta, who argued that Musk was excessively compensated. Delaware Chancery Court Judge Kathaleen McCormick endorsed the annulment of Musk’s colossal 2018 …
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