Musk's £44bn Tesla pay deal is blocked
Daily Mirror UK|December 04, 2024
Tycoon had too much influence, judge rules
CHRISTOPHER BUCKTIN
Musk's £44bn Tesla pay deal is blocked

SPARE a thought this festive season for poor Elon Musk, after a Scrooge-like judge blocked his £44billion pay deal.

Judge Kathaleen McCormick's decision means Musk, the world's richest individual, will have to scrape by with just £260billion.

The Tesla tycoon had too much influence on board members of the electric car company when they approved his pay, she ruled.

The South Africaborn billionaire moaned: "Shareholders should control company votes, not judges."

Diese Geschichte stammt aus der December 04, 2024-Ausgabe von Daily Mirror UK.

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Diese Geschichte stammt aus der December 04, 2024-Ausgabe von Daily Mirror UK.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.