Judge Ignores Tesla Investors' Letters Protesting Musk's Pay Package Ruling
Investors express outrage over the decision to void Elon Musk's $56 billion pay package, but the judge adheres to ethics code by not considering their letters.
- Tesla investors launch a letter-writing campaign to protest the voiding of Elon Musk's $56 billion pay package.
- Judge Kathaleen McCormick refuses to read the letters, citing the judiciary's ethics code.
- Investors criticize the request for $6 billion in company stock as legal fees by the lawyers who won the case.
- Elon Musk announces plans to move Tesla from Delaware, citing the ruling as shareholder-hostile.
- The ruling is seen as a significant blow to Musk, with implications for Tesla's future and Delaware's business environment.