Elon Musk’s $56bn Tesla payment blocked by US court | dTd News
8 months ago
23
A judge in the US state of Delaware has blocked a $55.8bn (£44bn) pay deal awarded to Elon Musk in 2018 by the electric car company Tesla.
The lawsuit was filed by a shareholder who argued that it was an overpayment, and judge Judge Kathaleen McCormick called the compensation "an unfathomable sum".
The pay deal was the biggest ever in corporate history, helping to make Mr Musk one the richest people in the world, and during the trial Tesla directors argued it was made to ensure that one of the world's most dynamic entrepreneurs continued to dedicate his attention to the company.
In a post on X, formerly known as Twitter, Mr Musk wrote: "Never incorporate your company in the state of Delaware".
#dtdnews
#elonmusk
Loading comments...
-
12:39
China Uncensored
16 hours agoChina's Last DESPERATE Attempt to Save Its Economy FAILED
15.7K5 -
1:02:16
Trumpet Daily
1 day ago $3.92 earnedKamala Harris Gets a Reality Check - Trumpet Daily | Oct. 18, 2024
16.7K11 -
10:51
Ethical Preparedness
18 hours ago $1.18 earnedExposing the Truth: Ways the Government Will Abuse You After the Collapse that You Don't Know About
14.2K16 -
1:02:28
FamilyFriendlyGaming
21 hours ago $1.56 earnedRune Factory 3 Special Episode 21
15.5K -
19:08
Eric Bolling
20 hours agoDemocrats HATE The Constitution
26.9K27 -
2:29:35
Fresh and Fit
15 hours agoAfter Hours w/ Girls
110K86 -
1:38:31
Kim Iversen
19 hours agoFrom Flat Earth to Dark Matter, Is Everything We're Taught A Lie? | Challenging Reality w/Mark Gober
175K520 -
6:07:43
Akademiks
22 hours agoLiam Payne Passes Away. Charleston White Released. Craziest Diddy Allegation Come out. Drake otw?
137K32 -
1:10:47
Talk Nerdy 2 Us
1 day agoData Breaches, Hacked Pokémon, and Market Manipulation: The Chaos of the Digital Age
89.9K8 -
2:20:03
I_Came_With_Fire_Podcast
19 hours agoLive Fire (No Exercise)
80.5K8