US Judge Voids Elon Musk’s $56 Billion Tesla Compensation


US Judge Voids Elon Musk's $56 Billion Tesla Compensation

A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief Elon Musk.

Washington:

A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid.

The electric vehicle maker’s share price fell more than three percent in after-hours trading following the publication of the 200-page ruling.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



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