Tesla Shareholders to Vote Again on Elon Musk’s $56bn Pay Deal
Wilmington, Delaware – The Delaware court recently invalidated a compensation deal tied to the carmaker’s market value in January, referring to it as an ‘unfathomable sum.’ Musk reports. Tesla has once again pushed its shareholders to approve CEO Elon Musk’s contentious $56 billion payment, which was initially set in 2018 but rejected by a Delaware judge at the beginning of the year. The unique compensation structure excludes any salary or cash bonuses but instead offers …