stockholders – Charm

Elon Musk pay defeat sets up a 2025 legal battle that could reach the Supreme Court

Cs news11 months ago11 months ago09 mins

Tesla (TSLA) has made it clear that it’s willing to go the distance to reinstate CEO Elon Musk’s $56 billion pay package. Just hours after Delaware’s top Chancery Court judge struck down a June Tesla shareholder vote in favor of the deal, Tesla vowed to ask a higher court to overturn the decision. “The court’s…

Delaware judge refuses to reinstate Elon Musk’s $56 billion Tesla pay

Cs news11 months ago11 months ago07 mins

The Delaware judge who denied Tesla (TSLA) CEO Elon Musk a $56 billion compensation package once did so for a second time on Monday, dealing a fresh legal defeat to the billionaire as he prepares for a major role in President-elect Donald Trump’s new administration. The ruling all but assures another court battle over Musk’s…