Published , by Donovan Erskine
Published , by Donovan Erskine
Both Tesla and Elon Musk took a major hit today when the CEO’s $56 billion compensation plan was struck down by a Delaware judge. It caused Tesla (TSLA) stock to dive and Musk’s net worth to drop by a considerable amount.
The payment plan was originally presented five years ago and propelled Elon Musk to becoming the world’s richest person. With this plan now denied, Musk will become the world’s third-richest person.
Developing...