Elon Musk risks losing status as world’s richest man after Tesla pay deal ruled unlawful

Jan 31st 2024 9:35am EST

Elon Musk risks losing his spot as the world’s richest man after a US judge ruled the billionaire’s “unfathomable” $56bn (£44bn) Tesla pay package unlawful. During a Delaware court ruling on Tuesday, Judge Kathaleen McCormick said the pay package, awarded in 2018, did not meet the standard of a “fair price”. In her ruling, Ms […]

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