Musk’s $55 Billion Pay Package Voided, Threatening World’s Biggest Fortune
- Delaware judge agrees with investor claim pay plan was flawed
- Largest-ever compensation package struck down in ruling
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Elon Musk’s $55 billion pay package at Tesla Inc. was struck down by a Delaware judge after a shareholder challenged it as excessive, a ruling that would take a giant bite out of Musk’s wealth and put the fate of his companies in question.
That is if the ruling survives a likely appeal.