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Benzinga
Benzinga
Business
Chris Katje

Elon Musk $56B Pay Package Rejected By Judge Again: Tesla Analyst Says 'Soap Opera Playing Out In Delaware'

Elon Musk Delaware United States Kathaleen McCormick Daniel Ives Tesla Inc.

A Delaware judge has once again struck down a compensation plan for Tesla Inc (NASDAQ:TSLA) CEO Elon Musk from 2018, news that comes six months after Tesla shareholders approved the pay package for a second time.


What Happened: A 2018 pay compensation plan provided several milestones that seemed extremely hard for Musk and Tesla to hit, with high payouts if he could accomplish the improbable.

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