05-12-2024 09:15 via mashable.com

Elon Musk fails bid to restore $55.8 billion Tesla pay package

Elon Musk's $55.8 billion Tesla compensation package just got thrown out yet again. A U.S. judge denied the billionaire's petition to reinstate his outsized pay on Monday, rejecting his attempt to overturn the previous judgement via a Tesla shareholder vote.Monday's finding comes after a Delaware court initially threw out Musk's multibillion dollar Tesla compensation package in January. In that ruling, Chancellor Kathaleen McCormick found that Tesla's board of directors had breached their duty t
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