Musk’s Multibillion-Dollar Pay Package Rejected Again

“A Delaware judge upheld her earlier ruling striking down Elon Musk’s multibillion-dollar pay package, plunging Tesla’s board into more uncertainty over how to compensate its superstar chief executive for a decade of work,” the Wall Street Journal reports.

“The ruling marks another setback for Tesla’s directors, who have said the record stock-option deal was necessary to ensure Musk stayed focused on the carmaker at a time when it is facing slower growth in its automotive business.”