Elon Musk’s massive, multi-billion-dollar Tesla pay package was blocked by a judge again
CNN
Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected on Monday by a Delaware court, despite being approved by Tesla shareholders at a June meeting.
Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected on Monday by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth $56 billion, is made up of 303 million Tesla stock options. It had been previously thrown out by the same judge, Delaware Chancery Court Chancellor Kathaleen McCormick, in January. This is a developing story. It will be updated.
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Trump says DOGE could return 20% of its savings directly to taxpayers. That could reignite inflation
President Donald Trump said he is considering a plan that would give 20% of savings identified by Elon Musk’s Department of Government Efficiency (DOGE) back to Americans, potentially complicating the country’s ongoing battle with elevated inflation.