Musk’s multibillion-dollar pay package is rejected again by judge

(Image: Bloomberg)

Wed, 04 Dec 2024

By Sean McLain A Delaware judge upheld her earlier ruling striking down Elon Musk’s multibillion-dollar pay package, plunging Tesla’s board into more uncertainty over how to compensate its superstar chief executive for a decade of work.The court’s decision follows a shareholder vote earlier this year approving the pay package for a second time. Tesla had argued that the vote addressed many of the court’s criticisms that Musk’s compensation deal had been flawed, partly because of insufficient disclosures t...

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