Elon Musk’s $56 billion pay plan voided as shareholders beat Tesla in court
Aurich Lawson / Duncan Hull / Getty Tesla CEO Elon Musk’s $55.8 billion pay package was unfair to the electric carmaker’s shareholders and must be rescinded, Delaware Court of Chancery Judge Kathaleen McCormick ruled yesterday. Most of the board members were beholden to Musk or had compromising conflicts, she wrote. “Swept up by the rhetoric…