Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate itA Delaware judge ruled on Monday that the Tesla chief, Elon Musk, still is not entitled to receive a $56bn compensation package despite shareholders of the electric vehicle company voting to reinstate it.The ruling by the judge, Chancellor Kathaleen McCormick of the court of chancery, follows her January decision that called the pay package excessive and rescinded it, surprising investors, and cast uncertainty over Musk’s future at the world’s most valuable carmaker. Continue reading…
Source link : https://www.theguardian.com/technology/2024/dec/02/elon-musk-tesla-pay-package
Author : Reuters
Publish date : 2024-12-02 22:50:47
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Elon Musk’s $56bn Tesla pay package rejected again by US judge
