🎆🏆Why MUSK'S TESLA Pay Got STRUCK Down?
Channel: News Media Hants
Date: 2024-02-02

In a groundbreaking decision on January 30, 2024, a Delaware judge dealt a significant blow to Elon Musk by voiding Tesla's multibillion-dollar compensation package, amounting to a staggering $55.8 billion. The ruling, issued by Chancellor Kathaleen McCormick of the Delaware Court of Chancery, challenges the process through which the approval for Musk's unprecedented pay deal was obtained. The judge deemed the process "deeply flawed," leading to questions about how Tesla's board intends to compensate Musk, who is not only the CEO of the electric car giant but also a serial entrepreneur with diverse business interests. 
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