Washington, December 4 (RHC)-- In the U.S., a judge from the state of Delaware has reaffirmed her decision to void a $56 billion compensation package for Tesla CEO Elon Musk.
On Monday, Judge Kathaleen McCormick upheld her January ruling, which noted the astronomical 2018 pay package was the largest ever for a publicly traded corporation.
Elon Musk is already the richest person in history, with a net worth estimated at more than a third of a trillion dollars.
Meanwhile, Musk has promised to “delete” the Consumer Financial Protection Bureau when he takes the reins of the so-called Department of Government Efficiency under President Trump next month.
His pledge comes after the CFPB finalized a rule to supervise tech companies which offer digital funds transfers and payment wallet apps. Those are features Musk is working to add to his social media site X.
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[ SOURCE: DEMOCRACY NOW ]