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US judge invalidates Elon Musk’s $56 billion Tesla compensation award

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US judge invalidates Elon Musk's $56 billion Tesla compensation award

A judge in Delaware has invalidated Tesla CEO Elon Musk’s $56 billion compensation package.

Washington:

A judge in Delaware on Tuesday invalidated Tesla CEO Elon Musk’s $56 billion compensation package, siding with a shareholder who claimed the entrepreneur The salary is too high.

The electric car maker’s shares fell more than 3% in after-hours trading following the release of the 200-page ruling.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

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