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Tesla

Delaware judge reaffirms Tesla must revoke Elon Musk’s controversial pay package

Delaware judge reaffirms Tesla must revoke Elon Musk’s controversial pay package

A Delaware judge has upheld her decision requiring Tesla to rescind Elon Musk’s multibillion-dollar compensation package from 2018, marking a pivotal development in a lawsuit brought by a Tesla shareholder. Chancellor Kathaleen St. Jude McCormick on Monday rejected a request by Musk’s and Tesla’s attorneys to overturn her earlier ruling, which concluded that the package…

Tags: Elon Musk, Tesla

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