Judge confirms decision to sink Elon Musk’s $56B pay package despite Tesla shareholder vote

Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal. Her decision, laid out in a 103-page opinion piece published on Monday, explains that the attempt […] © 2024 TechCrunch. All rights reserved. For personal use only.

Judge confirms decision to sink Elon Musk’s $56B pay package despite Tesla shareholder vote
Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal. Her decision, laid out in a 103-page opinion piece published on Monday, explains that the attempt […] © 2024 TechCrunch. All rights reserved. For personal use only.