Delaware Court Strikes Down Elon Musk's $56 Billion Tesla Pay Package

The decision, targeting both Musk and Tesla chair Robyn Denholm, raises questions about board independence and corporate governance.

A Delaware judge invalidated Elon Musk's $56 billion Tesla pay package, citing a deeply flawed approval process.
The ruling puts Tesla chair Robyn Denholm under scrutiny, highlighting her significant earnings from Tesla options.
ARK Invest's Cathie Wood defends Denholm, emphasizing her integrity amidst the controversy.
The case prompts a broader discussion on the role and independence of corporate boards in overseeing powerful CEOs.
The decision's implications for Tesla's future governance and leadership remain uncertain as stakeholders await further developments.