Overview

• 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.