Musk Can’t Escape Investor’s Claims Over ‘Extraordinary’ Award
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A Delaware state judge has rejected a request by the board of Tesla Inc. to dismiss a stockholder complaint over an “excessive” 2018 performance award to CEO Elon Musk.
In the spring of 2018, shareholders of the electric car-maker approved what may be the largest compensation deal in history for Musk, pegged on ambitions to turn Tesla into one of the world’s largest companies as it ventures beyond solar panels and electric cars.