By Ibinu Vadakkan Dec 3, 2024
Did you know Elon Musk had a $50 billion Tesla pay package tied to company performance? Mind-blowing, right?
A Delaware judge ruled that Musk’s $50 billion Tesla deal cannot be reinstated. It’s a landmark case!
The case started with a Tesla shareholder claiming the pay deal was too much. What a bold move!
Musk argued the package was necessary to drive Tesla’s insane growth. He’s got a point, don’t you think?
Tesla’s board approved the deal, but the court questioned their independence. Drama much?
The case didn’t shake Tesla stock much. Talk about resilient markets!
Musk juggles Tesla, SpaceX, Neuralink, and more. How does he do it all?
What does this mean for Tesla and Musk’s future? Only time will tell.