Judge voids Elon Musk's $56B Tesla pay package: ‘An unfathomable sum'

A Delaware judge on Tuesday ruled that billionaire Elon Musk’s $56 billion Tesla pay package could be voided, calling the compensation “an unfathomable sum” that was not fair to shareholders, according to a court filing.“The plaintiff is entitled to rescission,” the judge said in her ruling.The court’s opinion directed the Tesla shareholder who challenged the pay plan to work with Elon Musk’s legal team on an order implementing the judge’s decision.Musk’s lawyer did not immediately reply to an email seekin ...