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Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated - TL;DR CNBC

Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated

Publishing timestamp: 2024-12-02 17:52:07


Summary

Elon Musk lost his bid to have his $56 billion pay package reinstated as Delaware judge upheld her prior ruling. Musk can appeal the decision to Delaware Supreme Court. Despite the setback, Musk's net worth has jumped considerably in recent weeks.


Sentiment: NEGATIVE

Tickers: TSLA

Keywords: elon muskclimatetesla incbreaking news: technologybusiness newslawsbreaking news: markets

Source: https://www.cnbc.com/2024/12/02/tesla-ceo-elon-musk-loses-bid-to-get-56-billion-pay-package-reinstated.html


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