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Now this is getting just weird for Tesla and its shareholders. Tesla stock fell Tuesday after Delaware Chancery Court judge Kathaleen McCormick rejected Elon Musk’s pay package for a second time.
A Delaware judge rejected Tesla Chief Executive Elon Musk’s multibillion-dollar pay package for a second time, writing in her opinion this week that the company’s approval process for the ...
A judge again rejected Elon Musk's $50 billion Tesla payday. The compensation package would have made Musk the highest-paid executive ever.
McCormick said Tesla’s board was not entitled to hit “reset” to restore Musk’s pay package. “Were the court to condone the practice of allowing defeated parties to create new facts for ...
Musk's Tesla pay deal was rejected again. Here is why A judge in Delaware has for the second time struck down a compensation package for Elon Musk after a Tesla shareholder filed suit.
Musk’s $101bn Tesla pay package again rejected by US judge. Judge says Tesla’s ‘unprecedented theories’ do not support argument to reverse previous ruling scrapping pay deal.
DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion.
President-elect Trump's relationship with Elon Musk raises ethics concerns 03:02. Elon Musk's efforts to get his massive $56 billion 2018 Tesla pay package reinstated was rejected by a Delaware ...
A Delaware judge rejected a bid to restore Elon Musk’s record-setting $56 billion pay package, despite Tesla shareholders overwhelmingly voting to award Musk the stock grant earlier this year.
For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. ... McCormick rejected that argument.
Musk’s 2018 pay package gave him stock grants worth around 1% of Tesla’s equity each time the company achieved one of 12 tranches of escalating operational and financial goals. Musk did not ...
AP Auto Writer. DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion.
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