The second vote was needed after McCormick voided Musk’s 2018 pay package, which awarded him some 300 million options in January. Tesla stock dropped 1.6% to $351.42 in Tuesday, the day after ...

DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion. On Monday, Chancellor Kathaleen St ...

AP Auto Writer. DETROIT (AP) — For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion.