The $56 billion settlement proposed by Musk with Tesla was invalidated by Judge.
Tesla and CEO Elon Musk have been hit with an unprecedented blow after a Delaware Judge determined that the $56 billion granted to them was an extraordinary sum, which could put their shareholders’ unfairly disadvantaged. Following a court ruling, Musk’s 10-year pay agreement, which was worth approximately $51 billion at the Tesla stock closing price … Read more