Reported 1 day ago
A Delaware judge has ruled against Elon Musk's multibillion-dollar Tesla pay package, declaring it excessive and influenced by Musk himself when it was adopted in 2018. This decision could significantly impact Musk's wealth, even as he remains the world's richest person. The judge's ruling will likely require Tesla's board to create a new compensation proposal, while Musk plans to appeal the decision. The initial compensation package, which began at $2.6 billion, grew to $101.5 billion before being voided.
Source: YAHOO