Elon Musk’s $56 billion pay package gets rejected — again

Photo illustration of Elon Musk surrounded by raining dollar bills. Image: Cath Virginia / The Verge, Getty Images

Tesla CEO Elon Musk’s $56 billion pay package was struck down once again. In a ruling on Monday, Delaware Chancery Court Judge Kathaleen St. J. McCormick upheld her decision to block the compensation plan over concerns about conflicts of interest following its approval in 2018.

After warning shareholders in June that Musk could leave the company if his pay package ...

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