{"id":87211,"date":"2024-01-31T00:45:29","date_gmt":"2024-01-31T05:45:29","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87211"},"modified":"2024-01-31T00:01:17","modified_gmt":"2024-01-31T05:01:17","slug":"elon-musks-56-billion-tesla-compensation-voided-by-judge-shares-slide","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/01\/2024\/elon-musks-56-billion-tesla-compensation-voided-by-judge-shares-slide.html","title":{"rendered":"Elon Musk\u2019s $56 billion Tesla compensation voided by judge, shares slide"},"content":{"rendered":"\n<p>(CNBC) A <a rel=\"noreferrer noopener\" href=\"https:\/\/courts.delaware.gov\/chancery\/judges.aspx\" target=\"_blank\">Delaware<\/a> judge on Tuesday voided the $56 billion <a href=\"https:\/\/www.cnbc.com\/2018\/03\/21\/tesla-shareholders-approve-elon-musks-multibilion-dollar-compensation-plan.html\">pay<\/a> package of <a href=\"https:\/\/www.cnbc.com\/quotes\/TSLA\/\">Tesla<\/a> CEO <a href=\"https:\/\/www.cnbc.com\/2022\/03\/02\/elon-musk-and-tesla-face-trial-over-ceos-pay-package-from-2018.html\">Elon Musk<\/a>, ruling that the company\u2019s board of directors failed to prove \u201cthat the compensation plan was fair\u201d or show much evidence that they had even negotiated with him. Tesla\u2019s share price slid about 3% in after-hours trading.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/01\/30\/tesla-shares-slide-after-judge-voids-elon-musks-56-billion-compensation.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) A Delaware judge on Tuesday voided the $56 billion pay package of Tesla CEO Elon Musk, ruling that the company\u2019s board of directors failed to prove \u201cthat the compensation plan was fair\u201d or show much evidence that they had [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87211","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87211"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87211\/revisions"}],"predecessor-version":[{"id":87212,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87211\/revisions\/87212"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}