Tesla wants shareholders to reinstate $56 billion pay package for Musk rejected by Delaware judge
- Tesla seeks shareholder approval to reinstate Elon Musk's $56 billion pay package rejected by a Delaware judge and relocate its corporate headquarters to Texas.
- Chancellor Kathaleen St Jude McCormick's ruling denied Musk's stock compensation due to board influence, deeming the process unfair to stakeholders.
- Despite the setback, Chairperson Robyn Denholm praised Musk's performance, meeting growth expectations with Tesla stock up 571%.
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Leaning Left24Leaning Right10Center46Last Updated13 days agoBias Distribution57% Center