Tesla Attracts Millions of Dollars in Unusual Option Trades as Shares Rise

Luzi Ann Santos12:50 ET

Elon Musk's "demand for salary" fails again! US judge rules Tesla's $56 billion compensation package invalid.

1. A judge in Delaware, usa upheld the original ruling that Tesla's promise of a $56 billion compensation package to Musk in 2018 is invalid; 2. Tesla shareholders previously voted to approve this compensation agreement, but the judge stated that the board of directors does not have the authority to restore Musk's compensation through a re-vote; 3. The judge also ordered Tesla to pay $0.345 billion in legal fees as compensation for the lawyers who won the case against Musk's invalid compensation package.

cls.cn21:32 ET

Express News | Tesla on Delaware Judge Ruling - Court’s Decision Is Wrong, and We’re Going to Appeal. - X Post

Reuters18:44 ET

Musk's Multibillion-Dollar Pay Package Rejected Again by Judge

WSJ18:33 ET

Bernstein Litowitz Berger & Grossmann, Issues Statement in Response to Ruling by Delaware Court Rejecting Ratification of Previously Rescinded Elon Musk Tesla Options

Businesswire21:26 ET

Musk's Multibillion-Dollar Pay Package Rejected Again by Judge -- 4th Update -- WSJ

WSJ21:15 ET