Tesla to reconsider Elon Musk compensation after Delaware court struck down $56B pay package
May 14, 2025 10:14 AM
Tesla’s board has reportedly formed a special committee to reconsider CEO Elon Musk’s pay, potentially setting the stage for a new compensation package as the company faces mounting legal and investor pressure. The move comes in response to a Delaware court decision that invalidated Musk’s historic $56 billion stock award from 2018. The committee consists...