Elon Musk’s massive, multi-billion-dollar Tesla pay package was blocked by a judge again

  • CNN
  • December 2, 2024
CNN

 — 

Elon Musk's record-breaking pay package for serving as Tesla's CEO was rejected on Monday by a Delaware court, despite being approved by Tesla shareholders at a June meeting.

The pay package, now worth $56 billion, is made up of 303 million Tesla stock options. It had been previously thrown out by the same judge, Delaware Chancery Court Chancellor Kathaleen McCormick, in January.