As a result, they argued, Musk deserved the pay package for having raised Tesla's market value by billions of dollars. McCormick rejected that argument. In her 103-page opinion, she ruled that ...

Tesla has said in court filings that the judge should recognize a subsequent June vote by its shareholders in favor of the pay package for Musk, the company’s driving force who is responsible ...

Tesla shares fell in premarket exchanges Tuesday after a court rejected Elon Musk's multibillion-dollar pay package again. Shares closed 3.5% higher on Monday at $357.09 but were down 1.6% in ...

Amid the turmoil, several of Tesla’s board members have offloaded their stakes in the company. In March, James Murdoch cashed ...

Jim Anderson, CEO of Pennsylvania-based tech company Coherent, has emerged as the highest-paid CEO in the U.S. in 2024, with ...

A Tesla Inc. shareholder urged Delaware’s highest court to uphold a decision that struck down Elon Musk’s record-setting pay ...