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Tesla shares slide after judge voids Elon Musk's $56 billion compensation (www.cnbc.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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Tesla shares slide after judge voids Elon Musk's $56 billion compensation::The compensation package the Tesla board gave CEO Elon Musk set a record for publicly traded corporations, a Delaware judge noted in her ruling.

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[–] Deebster@programming.dev 55 points 9 months ago (4 children)

So Tesla gets that $56 billion back? Kinda funny that that causes their share price to drop.

[–] crazyminner@lemmy.ml 14 points 9 months ago

Elon is selling to get money to pay bills. Gotta show you can afford the massive lines of credit.

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