Chancery Invalidates Elon Musk’s $55.8 Billion Equity Compensation Package
Harvard Corporate Governance
FEBRUARY 21, 2024
Related research from the Program on Corporate Governance includes Executive Compensation in Controlled Companies (discussed on the Forum here ) by Kobi Kastiel. 1] The plaintiff-stockholders alleged that Tesla’s directors breached their fiduciary duties by awarding Musk performance-based stock options in January 2018 with a potential $55.8
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