Chancellor Kathaleen St. Jude McCormick on Monday denied a request by attorneys for Musk and Tesla’s corporate directors to ...
The judge said she would not reverse her decision to strike down the compensation package after Tesla shareholders approved ...
Elon Musk’s pay package granted in 2018 was the largest compensation plan in U.S. history for a public company executive.
The ruling by the judge follows her January decision that called the pay package excessive and rescinded it, surprising ...
Tesla CEO Elon Musk’s $56 billion pay package was struck down once again. In a ruling on Monday, Delaware Chancery Court ...
Shares of Tesla slipped in after-hours trading following the news that a Delaware judge for a second time moved to strike ...
McCormick also rejected an equally unprecedented and massive fee request by plaintiff attorneys, who argued that they were ...
A Delaware judge rejected Elon Musk’s $56 billion Tesla pay package for the second time, despite shareholders voting to reinstate it earlier this year.