Technology
01 February 2024, 9:53 pm 1 minute
Reuters exclusively reported that A Delaware judge tossed out Elon Musk’s record-breaking $56 billion Tesla (TSLA.O), pay package on Tuesday, calling the compensation granted by the EV maker’s board “an unfathomable sum” that was unfair to shareholders.
Market Impact
Shares were down 1.5% following the news in extended trading.
Article Tags
Topics of Interest: Technology
Type: Reuters Best
Sectors: Economy & Policy
Regions: Americas
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Significant National Story