The US court in a friend has blocked Musk's five-year salary package at Tesla
Kyiv • UNN
A Delaware court has repeatedly rejected Elon Musk's компенс 56 billion compensation package from Tesla. A new shareholder vote failed to reverse the previous court decision to block payments.
A Delaware court has again blocked a huge salary package for Tesla CEO Elon Musk, which was approved by the company's shareholders. This is reported by AFP, reports UNN.
Details
The package, whose total value is estimated at 5 56 billion (approximately 53 billion euros), was rejected by a judge back in January of this year due to its unreasonableness and unfairness towards shareholders.
Despite the court's decision, Tesla shareholders again confirmed this fact in June, but on Monday a judge ruled that a new vote could not reverse its January decision. This means that the company and Musk will again be unable to implement the proposed compensation package.
