After being forced to work at Tesla without any meaningful compensation, which was the aberrant result of an adverse court ruling, Elon Musk has now received a sizable interim compensation award. For the benefit of those who might not be aware, in January 2024, a Delaware judge voided Elon Musk's $56 billion compensation package from 2018, citing a flawed approval process and excessive influence by Musk over Tesla's board. The ruling also voided Elon Musk's 304 million unexercised stock options, which would have entitled him to around 9 percent of Tesla's 3.2 billion outstanding common shares. Bear in mind the CEO of […]
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