Home United States USA — Financial Judge Voids Elon Musk’s $56 Billion Pay Package From Tesla

Judge Voids Elon Musk’s $56 Billion Pay Package From Tesla

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Tesla shares dropped around 2% in after-hours trading following the ruling.
Topline
A Delaware judge voided Tesla CEO Elon Musk’s eye-popping $55.8 billion pay package from Tesla on Tuesday, according to a filing, potentially delivering a hit to the tech billionaire’s wealth after a shareholder argued the package was excessive.

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