Reported about 23 hours ago
Tesla is preparing to appeal a Delaware court ruling that nullified CEO Elon Musk's $56 billion pay package, possibly escalating to the US Supreme Court. The case raises key questions about corporate governance, particularly whether shareholders can override judicial decisions. Tesla's founder has been scrutinized for the ties influencing the original compensation deal. As legal battles loom for 2025, the outcome may redefine rules for large publicly traded companies and address significant financial implications for Tesla.
Source: YAHOO