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A judge rules Elon Musk is not entitled to receive the compensation package Tesla shareholders voted for. The package is worth $103 billion and consists of 303 million Tesla options.
Tesla shareholder Richard Tornetta filed a lawsuit against Musk and the company in 2018 after the majority of shareholders approved a 10-year performance-based pay package for Musk.
Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth ...
Elon Musk's battle over his Tesla pay is entering a new phase. A Delaware judge ruled on Monday that Tesla's shareholder vote wasn't enough to pass Elon Musk's $55 billion compensation package.
Tesla shareholders have re-approved a pay package for CEO Elon Musk worth billions that was already thrown out by a Delaware judge earlier this year in a vote that also approved moving Tesla to Texas.
Tesla cannot give Elon Musk a $56 billion compensation package despite a vote in support of the CEO's pay deal by the company's shareholders, a Delaware judge ruled on Monday. Musk told a special ...
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