Court Voids Elon Musk's $56 Billion Tesla Pay Package

A Delaware judge ruled in favor of Tesla shareholders, voiding Elon Musk's controversial pay package that made him the world's wealthiest person, citing a deeply flawed approval process. The stock options package, which allowed Musk to acquire Tesla shares worth over $70 billion, was challenged by shareholders who argued it was excessive. The lawsuit raised questions about Tesla's corporate governance and Musk's influence over his own compensation, with the judge ultimately deeming the process unfair.