Elon Musk's $56B Pay Denied

This is a Delaware news story, published by TechCrunch, that relates primarily to General Motors news.

Delaware news

For more Delaware news, you can click here:

more Delaware news

tech industry trends news

For more tech industry trends news, you can click here:

more tech industry trends news

TechCrunch news

For more news from TechCrunch, you can click here:

more news from TechCrunch

About the Otherweb

Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best tech news, business news, entertainment news, and much more. If you like tech industry trends news, you might also like this article about

Delaware Chancery court judge Kathaleen McCormick

. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest shareholder vote news, Delaware judge news, tech industry trends news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!

largest compensation deal

TechCrunch

•

Delaware judge rules against Elon Musk’s $56B pay package again | TechCrunch

Summary

Nutrition label

71% Informative

A Delaware judge upheld her previous ruling denying the legality of Elon Musk’s exorbitant $56 billion pay package.

Tesla tried to change her mind after shareholders voted to “re-ratify” the deal, but she wasn’t swayed by their arguments.

Pony AI debuted on the Nasdaq last week as investors showed an interest in backing Chinese tech companies following a de facto ban on foreign IPOs from Beijing .

General Motors is selling its stake in the nearly completed Ultium battery cell plant in Michigan to its JV partner LG Energy Solution .

General Motors has taken a $5 billion hit due to weakness in its China business.

Northvolt, a Swedish battery manufacturer and unicorn, has filed for Chapter 11 bankruptcy in the U.S. Revel is expanding its EV -charging empire in New York City .

The pope is getting his first electric popemobile, and it's not from now-defunct Fisker .

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech