Judge again rejects Elon Musk’s $56 billion Tesla pay package

Editado por Ed Newman
2024-12-04 21:32:45

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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 ]


 



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