- Total News Sources
- 11
- Left
- 6
- Center
- 1
- Right
- 3
- Unrated
- 1
- Last Updated
- 45 days ago
- Bias Distribution
- 55% Left
A Delaware judge is reconsidering a previous ruling that invalidated Elon Musk's $55 billion Tesla pay package, despite a recent shareholder vote overwhelmingly in favor of reinstating it. Chancellor Kathaleen McCormick originally invalidated the package, citing flawed approval processes and conflicts of interest. Tesla's attorneys argue that the shareholder vote should validate the pay package, asserting it demonstrates shareholder democracy. However, McCormick expressed skepticism, noting there is no legal precedent for using a post-trial vote to reverse an adjudicated breach of fiduciary duty. She has taken the case under advisement, indicating that the issue is far from resolved.
- Total News Sources
- 11
- Left
- 6
- Center
- 1
- Right
- 3
- Unrated
- 1
- Last Updated
- 45 days ago
- Bias Distribution
- 55% Left
Open Story
Timeline
Analyze and predict the
development of events
Related Topics
Stay in the Know, Subscribe to Our News
Get the latest news, exclusive insights, and curated content delivered straight to your inbox.