Reported about 13 hours ago
Elon Musk has begun an appeal to recover his $56 billion compensation package from Tesla, claiming that a lower court judge made legal errors by revoking the reward, which had initially received shareholder approval. The judge's decision hinged on arguments that the approval process was unfair to investors. Musk's appeal highlights the complexities surrounding corporate governance and compensation disputes, as he seeks to maintain his stake in Tesla amidst concerns about the company's performance and broader market challenges.
Source: YAHOO