Elon Musk’s $56 Billion Pay Package at Tesla Has Been Canceled Again!
December 3, 2024
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Billionaire businessman Elon Musk has been working with Tesla management for a long time. $56 billion It is on the agenda in the salary agreement. We have readers
Billionaire businessman Elon Musk has been working with Tesla management for a long time. $56 billion It is on the agenda in the salary agreement. We have readers who remember; This agreement, concluded in 2018, was the subject of lawsuits and the court administration terminated the agreement in question earlier this year. had announced. Elon Musk cast a new vote on these events and donated his $56 billion salary package to investors. managed to confirm.
Now there is a new development in this area. Judge Kathaleen St., who presided over the case. J. McCormick, approved the decision to terminate the agreement. So despite everything, Elon Musk lost this case and his $56 billion salary package.
It is expected that Elon Musk will object again
Kathaleen St. In his statement on the subject, J. McCormick said that Elon Musk has reversed the court’s decision there is no justification was expressed. Responding to the investors, the judge said the subsequent vote was a suspicious and wrong practice. Elon Musk quiet for now but it appears he will appeal the decision.
Elon Musk is highly critical of Tesla investors over this salary package deal. came out difficultHe even said he might leave his position at Tesla. The developments reveal the tension between Tesla investors and Elon Musk. that it will increase slightly a clear indication. Let’s see what will happen in the coming days…
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