US judge rejects Musk's $55.8 billion Tesla pay deal – again

Billionaire Elon Musk missed out on a mammoth $55.8 billion pay deal at his electric vehicle company, Tesla, after Delaware judge Kathaleen McCormick on Monday stood by her January decision to annul the compensation package, qualifying it at excessive and unjust to Tesla investors despite a favorable June shareholder vote.

US judge rejects Musk's $55.8 billion Tesla pay deal – again
Billionaire Elon Musk missed out on a mammoth $55.8 billion pay deal at his electric vehicle company, Tesla, after Delaware judge Kathaleen McCormick on Monday stood by her January decision to annul the compensation package, qualifying it at excessive and unjust to Tesla investors despite a favorable June shareholder vote.