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Musk Risks Losing World’s Richest Title After Pay Package Voided.
A Delaware judge has ruled that Tesla CEO Elon Musk's $56 billion compensation package from 2018 was unfair and should be reversed.
The judge criticized the flawed approval process and pointed out Musk's close association with those representing the company.
Shareholders had filed a lawsuit against Musk, alleging improprieties in the process leading to the approval of the compensation package.
15 months ago
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