Judge Skeptical of Reinstating Elon Musk's $60 Billion Tesla Pay Package
Despite shareholder approval, legal arguments continue over the unprecedented compensation deal.
- A Delaware judge previously invalidated Musk's pay package due to flawed negotiations.
- Tesla shareholders voted in June to reinstate the $60 billion compensation deal.
- Defense attorneys argue that shareholder ratification should override the court's decision.
- The judge noted there is no precedent for such a post-trial shareholder vote.
- A ruling on the pay package and related legal fees is still pending.