Tesla is asking shareholders to authorize a pay package for CEO Elon Musk that a Delaware court recently invalidated. The big picture: Delaware Chancery Court Chancellor Kathaleen McCormick ruled in January that Musk had not proven his $56 billion compensation deal was fairly approved.
Tesla will ask its shareholders to vote to approve the 2018 pay package that made CEO Elon Musk among the world’s richest people but that a Delaware judge threw out earlier this year.
Elon Musk has addressed the Tesla Cybertrucks accelerator problem in a recent flurry of issues. At the same time, another owner reports a significant software glitch following a routine car wash, causing a five-hour