Elon Musk's $56 billion Tesla pay package has been tossed out by the court

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1.0Best Newshttps://aitesonics.comFOX NEWShttps://aitesonics.com/author/fox-news/Elon Musk's $56 billion Tesla pay package has been tossed out by the court - Best Newsrich600338<blockquote class="wp-embedded-content" data-secret="RfAqjLbl8O"><a href="https://aitesonics.com/elon-musks-56-billion-tesla-pay-package-has-been-tossed-out-by-the-court-074235803/">Elon Musk's $56 billion Tesla pay package has been tossed out by the court</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://aitesonics.com/elon-musks-56-billion-tesla-pay-package-has-been-tossed-out-by-the-court-074235803/embed/#?secret=RfAqjLbl8O" width="600" height="338" title="“Elon Musk's $56 billion Tesla pay package has been tossed out by the court” — Best News" data-secret="RfAqjLbl8O" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); /* ]]> */ </script> https://s.yimg.com/ny/api/res/1.2/ZMh93sg_eJOA4w_7TkiaRw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03OTk-/https://s.yimg.com/os/creatr-uploaded-images/2024-01/0f424eb0-c004-11ee-8bfa-57eec49fcdcd60099999In 2018, Tesla awarded Elon Musk a $56 billion pay package that helped propel him to the top of world's richest lists. Now, a judge in Delaware has rendered the deal between the company and the CEO to be invalid and called the compensation an "unfathomable sum" that's unfair to shareholders. As initially seen and […]