Delaware judge rejects request to restore Elon Musk's $5.6 billion Tesla compensation

Reuters12-03
Delaware judge rejects request to restore Elon Musk's $5.6 billion Tesla compensation

WILMINGTON, Delaware, Dec 2 (Reuters) - A Delaware judge ruled on Monday that Tesla TSLA.O CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting to reinstate it.

(Reporting by Tom Hals in Wilmington, Delaware)

((thomas.hals@thomsonreuters.com; +1 610 544 2712; Reuters Messaging: thomas.hals.thomsonreuters.com@reuters.net))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment