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."

Bu hikaye Daily Mirror UK dergisinin December 04, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Daily Mirror UK dergisinin December 04, 2024 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.