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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