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International Business Times UK
International Business Times UK
Vinay Patel

Investors Left Hanging As Tesla Board Remains Mum After Elon Musk Pay Debacle

Elon Musk Tesla Inc. Greg Varallo Kathaleen McCormick Delaware X ElonMusk Eric Talley Richard Tornetta Vladimir Putin
Tesla board hasn't updated shareholders on what comes next even 2 weeks after the Delaware court voided Tesla CEO Elon Musk’s pay package. (Credit: Wikimedia Commons)

Tesla's board is still silent about their future plans after a Delaware court said they can't give CEO Elon Musk a huge pay package, leaving the billionaire furious.

Kathaleen McCormick, a Chancellor of the Delaware Court of Chancery, described the $55 billion (£43.33 billion) compensation package as the biggest ever given to a CEO of a publicly traded company in her 200-page opinion on January 20.

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