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."

Denne historien er fra December 04, 2024-utgaven av Daily Mirror UK.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra December 04, 2024-utgaven av Daily Mirror UK.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.