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Patrick Boyle On Finance — Elon Musk Pay Deal Voided - Should Tesla Reincorporate in Texas?
Not scored yet34m·2024-02-03·Money

Elon Musk Pay Deal Voided - Should Tesla Reincorporate in Texas?

Patrick Boyle On Finance

Send us a textA Delaware court this week voided Elon Musk’s $55.8 billion dollar pay deal with Tesla. The voiding of these stock options erases about a quarter of Musk’s current wealth.The judgement came in response to a shareholder lawsuit launched by Richard Tornetta who owned nine shares in the company. Judge…

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