Delaware Judge Agrees to Void Elon Musk’s $56 Billion Compensation Package: Tesla’s Shares Drop 3% in Response
Delaware Judge Voids Elon Musk’s $56 Billion Compensation Package A Delaware judge on Tuesday agreed to void the $56 billion compensation package of Tesla CEO Elon Musk. Tesla’s share price slid about 3% in after-hours trading Tuesday following news of the decision about its chief’s pay. “The plaintiff is entitled to rescission,” Delaware Chancery Court…