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International Business Times UK

Vinay Patel

FOUND: Investors left hanging as tesla board remains mum after elon musk pay debacle - You Need To See This

Elon Musk Tesla Inc. Greg Varallo Kathaleen McCormick Delaware X ElonMusk Eric Talley Richard Tornetta Vladimir Putin

Tesla board hasn't updated shareholders on what comes next even 2 weeks after the Delaware court voided Tesla CEO Elon Musk’s pay package. (Credit: Wikimedia Commons)

Tesla's board is still silent about their future plans after a Delaware court said they can't give CEO Elon Musk a huge pay package, leaving the billionaire furious.

Kathaleen McCormick, a Chancellor of the Delaware Court of Chancery, described the $55 billion (£43.33 billion) compensation package as the biggest ever given to a CEO of a publicly traded company in her 200-page opinion on January 20.

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