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Elon Musk won’t get his $55 billion pay package after all
Jan. 30, 2024, 10:01 p.m. | Elizabeth Lopatto
The Verge - All Posts www.theverge.com
Illustration by Kristen Radtke / The Verge; Getty Images
Elon Musk isn’t going to get that $55 billion pay package after all, a Delaware Court of Chancery judge has ruled. The ruling means Tesla’s board will need to come up with a new proposal.
The ruling threatens Musk’s fortune if it makes it through an appeal, Bloomberg reports. Without the options in that package, Musk may only be the third-richest man in the world.
Tesla shareholders approved the package …
board court delaware elon elon musk images isn judge musk package pay tesla the verge
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