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News@lemmy.world · 8 months ago

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

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Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

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News@lemmy.world · 8 months ago

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A judge says Elon Musk must give up a compensation package awarded by Tesla’s board of directors that is potentially worth more than $55 billion.

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8 months ago
I know some will call this anti-democratic or communistic but the board was stacked with friends and family. It really wasn’t in the shareholders best interest even though they voted for it. It’s absurd sum as the judge said.

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