Summary via ChatGPT
A Delaware judge invalidated Elon Musk’s $56 billion Tesla pay package for a second time, citing undue influence and unfair terms set by Musk. Despite shareholder approval earlier this year, the court ruled the process failed to address governance concerns and transparency. The judge emphasized the board’s failure to prove the compensation plan’s fairness, suggesting alternative, reasonable payment options were possible. Tesla may appeal the decision or propose a new compensation plan.
Yes the trillionaire will be punished with a 32 Billion pay package instead
Oh no, how will he manage?
It truly is such a burden for him, but justice prevails
To be fair, I’m not sure 32 billion is enough to compensate for his inferiority complex.
No amount can compensate for that.