Musk cannot keep Tesla pay package more than $55 bn

Musk cannot keep Tesla pay package more than $55 bn

Elon Musk, the CEO of Tesla, has been ruled by a judge that he cannot retain a pay package for the company that is worth more than $55 billion. The decision comes amid concerns and criticisms over the magnitude of Musk’s compensation plan. This ruling is expected to have implications not only for Musk personally but also for executive compensation packages in general. Musk has been known for his vast wealth and the controversies surrounding his compensation.

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