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Elon Musk’s $56 billion pay package unfair, says US judge

BGR India Wednesday, 31 January 2024
A US judge has ruled that Elon Musk’s $56 billion (roughly 4,65,229 crore) pay package is unfair and the Tesla board will need to come up with a new pay proposal. The decision, issued in the Delaware Court of Chancery by Judge Kathaleen McCormick, means that Musk can’t keep the 2018 compensation package. In her […]
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News video: Elon Musk Is Ordered to Give Up Tesla Pay Worth Billions

Elon Musk Is Ordered to Give Up Tesla Pay Worth Billions 01:31

Elon Musk Is Ordered to Give Up , Tesla Pay Worth Billions. On Jan. 30, a judge in Delaware ruled that the Tesla CEO must forfeit a 2018 bonus agreement worth up to $55.8 billion, 'The Hill' reports. . Musk and Tesla were sued by shareholders after the bonus package was announced. The...

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