Automakers

Elon Musk's $55 billion Tesla pay package voided by U.S. judge

Tesla CEO Elon Musk
Musk is persistent in his pursuit for a bigger stake in Tesla, portraying the issue as about his command of the carmaker rather than money. (BLOOMBERG)
B
By:
Bloomberg
January 30, 2024 10:21 PM

Elon Musk’s $55 billion pay package at Tesla was struck down by a U.S. judge after a shareholder challenged it as excessive, a ruling that takes a giant bite out of Musk’s wealth.

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