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Judge voids Elon Musk's $56 billion Tesla pay package, threatening his position as world's richest person
Jan. 31, 2024, 10:20 a.m. | Rob Thubron
TechSpot www.techspot.com
It was five years ago when Tesla shareholder Richard Tornetta filed a lawsuit after the EV giant granted Musk the largest executive compensation package in history. Tornetta accused Tesla of breaching its fiduciary duty by unjustly enriching its CEO, the board of acting without independence, and Musk of dictating negotiations.
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