From FutureAZA.
Links from today’s show:
Delaware Chancery court judge Kathaleen McCormick has denied Tesla’s request to revise her decision to strike down CEO Elon Musk’s $56 billion pay package — despite shareholders voting at the company’s annual meeting this year to “re-ratify” the deal. Her decision, laid out in a 103-page opinion published on Monday, explains that the attempt by Tesla’s legal team — which Musk has called “hardcore” — to change her mind contained multiple flaws, each of which were fatal on their own.
https://techcrunch.com/2024/12/02/judge-confirms-decision-to-sink-elon-musks-56b-pay-package-despite-tesla-shareholder-vote/
A Delaware judge decided against reinstating Elon Musk’s $56 billion pay package. Tesla shareholders approved Musk’s pay package in June, after a judge voided it in January. Tesla’s next steps could be to appeal the ruling or create an entirely new compensation plan.
https://www.businessinsider.com/judge-strikes-down-elon-musk-tesla-pay-package-second-time-2024-7
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