Elon Musk's record salary pack

Elon Musk's record salary package at $Tesla Motors(TSLA)$ has been rejected again by a Delaware judge, despite shareholder approval. Judge Kathaleen St. J. McCormick upheld her initial decision from January, ruling that the board was overly influenced by Musk when it adopted the plan in 2018.

The stock option plan, initially valued at $2.6 billion, had soared to $56 billion when canceled and is now worth $101.5 billion based on Monday's closing price.

The ruling could lead to significant losses for Musk, though he remains the world's richest person. Tesla shares fell 1.4% in after-hours trading.

Musk has 30 days to appeal the decision, and Tesla has stated it will challenge the ruling, arguing that it undermines shareholders' rights. McCormick found that Tesla's board, influenced by conflicts of interest, overpaid Musk.

Can Trump Help Tesla to Break $400?

Tesla has started pushing a dumb-down version of Full Self-Driving (FSD) v13 to some external customers in an attempt not to have its timeline slip for two months in a row. For the last few months, Tesla has started posting monthly “AI roadmap updates” for owners to keep track of its goal to deliver unsupervised self-driving by the end of Q2 2025. ------------ Tesla has risen 38% last month. Will it break $400 in December? When will Tesla hit this price?

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Judge Kathaleen St. J. McCormick upheld her initial decision from January, ruling that the board was overly influenced by Musk when it adopted the plan in 2018.The stock option plan, initially valued at $2.6 billion, had soared to $56 billion when canceled and is now worth $101.5 billion based on Monday's closing price.The ruling could lead to significant losses for Musk, though he remains the world's richest person. Tesla shares fell 1.4% in after-hours trading.Musk has 30 days to appeal the decision, and Tesla has stated it will challenge the ruling, arguing that it undermines shareholders' rights. McCormick found that Tesla's board, influenced by conflicts of interest, overpaid Musk.</body></html>","htmlText":"<html><head></head><body>Elon Musk's record salary package at <a data-mention-id=\"TSLA\" class=\"teditor-mention\" data-mention-name=\"Tesla Motors\" href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a> has been rejected again by a Delaware judge, despite shareholder approval. Judge Kathaleen St. J. McCormick upheld her initial decision from January, ruling that the board was overly influenced by Musk when it adopted the plan in 2018.The stock option plan, initially valued at $2.6 billion, had soared to $56 billion when canceled and is now worth $101.5 billion based on Monday's closing price.The ruling could lead to significant losses for Musk, though he remains the world's richest person. Tesla shares fell 1.4% in after-hours trading.Musk has 30 days to appeal the decision, and Tesla has stated it will challenge the ruling, arguing that it undermines shareholders' rights. McCormick found that Tesla's board, influenced by conflicts of interest, overpaid Musk.</body></html>","text":"Elon Musk's record salary package at $Tesla Motors(TSLA)$ has been rejected again by a Delaware judge, despite shareholder approval. Judge Kathaleen St. J. McCormick upheld her initial decision from January, ruling that the board was overly influenced by Musk when it adopted the plan in 2018. The stock option plan, initially valued at $2.6 billion, had soared to $56 billion when canceled and is now worth $101.5 billion based on Monday's closing price. The ruling could lead to significant losses for Musk, though he remains the world's richest person. Tesla shares fell 1.4% in after-hours trading. 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