Elon Musk’s $56 Billion Pay Package Nixed As Unfair To Shareholders – OpEd

A Delaware state court judge ruled that the $56 billion pay package awarded to Elon Musk by Tesla’s board of directors in 2018 was illegal. The gist of the ruling was that the board was composed of people who were close friends or relatives of Musk. The judge ruled that they gave him an outlandish compensation package, based...