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A Delaware state court docket decide has struck down Elon Musk’s $55 billion Tesla CEO pay package from 2018 that cemented his place as the world’s richest person.
In a ruling filed Tuesday in Delaware Chancery Court docket, Choose Choose Kathaleen McCormick discovered that defendants in a lawsuit, which embrace Musk Tesla’s board, failed to satisfy the burden in proving that“the compensation plan was truthful.”
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