Musk Makes Final Pitch to Judge Who Blocked Record Pay Deal (2)

Aug. 2, 2024, 8:44 PM UTC

One of the last chapters in Elon Musk’s six-year legal fight to save his $56 billion Tesla Inc. pay package unfolded Friday, as the world’s richest man made his final pitch to a judge that ruled the compensation deal was flawed and threw it out.

Delaware Chancery Court Judge Kathaleen St. J. McCormick heard arguments on whether a June 13 vote by shareholders to revive the compensation plan for Tesla’s co-founder justifies changing her ruling. Earlier this year, she found the largest executive-pay package in history was fouled by conflicts of interest and improper disclosures.

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