Tesla blasted a ruling that struck down the most generous pay package in human history, vowing to appeal on behalf of CEO Elon Musk in a case that could have broader implications for corporate America.
On Monday, Delaware chancery court judge Kathaleen McCormick informed defendants including Musk, his fellow directors, and the company itself, that they had failed collectively to inform Tesla owners their CEO was allowed to dictate the terms of his own compensation.
