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Tesla's $56-billion pay package for Elon Musk rejected again by US judge
short by Ashley Paul / on Tuesday, 3 December, 2024
Chancellor Kathaleen McCormick again rejected Tesla's 2018 CEO pay package for Elon Musk, which consists of stock options which were worth $56 billion when plan was approved. McCormick had rejected the package, now worth $101.5 billion, in January, calling its approval process "deeply flawed". She's also ordered Musk to pay $345 million to attorneys who sued him over the package.
read more at NDTV Profit