TESLA CEO ELON MUSK LOSES BID TO GET $56 BILLION PAY PACKAGE REINSTATED

Summary from the TLDR newsletter

A Delaware judge has upheld the ruling that Elon Musk's 2018 CEO pay package of $56 billion was improperly granted. The ruling said that Musk had individually controlled Tesla and dictated the terms of his compensation to a board that didn't fairly negotiate. A $345 million attorney fee award was approved for the lawyers who successfully sued on behalf of Tesla shareholders. Despite the legal setback, Musk has seen his net worth jump considerably in recent weeks - he is more than $43 billion richer since the election.