Musk’s R$339 billion compensation package at Tesla is rejected again by judge

by Andrea
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Na’s record-breaking pay package was again rejected by a Delaware judge, even after the .

Despite a June 13 shareholder vote at the company’s annual meeting, Delaware Court of Chancery Judge Kathaleen St. J. McCormick decided to uphold her ruling that the company’s board was unduly under the influence of the billionaire entrepreneur by adopt the plan in 2018. The package had an initial value of US$2.6 billion and reached US$56 billion by the time the judge canceled it.

(Article being updated)

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Musk's R$339 billion compensation package at Tesla is rejected again by judge

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