Tesla loses bid to restore Elon Musk's record $56B pay package
ft.com
ft.com
It's a short article:
A judge in Delaware on Monday rejected Tesla’s attempt to restore Elon Musk’s $56bn pay package after previously striking it down as a breach of the carmaker board’s fiduciary duty. Lawyers for the shareholder who brought the original suit were also awarded $345mn, instead of the $5.6bn in Tesla shares that they had requested. This is a developing story