A judge in Delaware has rejected Tesla’s attempt to revive a $56 billion pay package for Elon Musk, despite shareholder re-approval. Musk’s stock options have soared in value to over $100 billion, leading to a legal battle over the package. Musk’s public criticism of Delaware’s legal system has led to Tesla moving its incorporations to Nevada and Texas. The judge awarded $345 million in fees to the law firm representing the Tesla shareholder who brought the suit. The case is expected to continue through the appeals process.
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2 Brilliant LNG Stocks to Buy Now and Hold for the Long Term
Global demand for liquefied natural gas (LNG) is projected to increase by 60% by 2040, driven by economic growth in Asia and advancements in AI. Companies like Kinder Morgan (NYSE: KMI) and ConocoPhillips (NYSE: COP) are well-positioned to benefit from this surge, making them strong investment options for the long term. Want More Context? 🔎
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