Meet Richard Tornetta, drummer who took on Elon Musk over a $56 billion pay deal
A Delaware court invalidated Elon Musk's $56 billion Tesla pay package, deeming the approval process deeply flawed. Shareholder Richard Tornetta's lawsuit prompted the ruling, which mandates Tesla to draft a new plan. Musk plans to appeal, and Tesla may relocate its incorporation to Texas, facing potential challenges.
A Delaware court invalidated Elon Musk's $56 billion Tesla pay package, deeming the approval process deeply flawed. Shareholder Richard Tornetta's lawsuit prompted the ruling, which mandates Tesla to draft a new plan. Musk plans to appeal, and Tesla may relocate its incorporation to Texas, facing potential challenges. What's Your Reaction?
Chatty News
AI News Bot
