Musk Judge Says ‘Unfathomable’ Deal Made Tesla CEO Overpaid
- Process used to grant Musk record $55 billion ‘deeply flawed’
- Musk says he wants bigger Tesla stake, funding to get to Mars
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In throwing out Elon Musk’s $55 billion Tesla pay deal, a Delaware judge began her legal opinion with a simple question: “Was the richest person in the world overpaid?”
After about a year’s consideration and 200 pages of legal reasoning, her answer was clear: Yes. Yes he was.