Delaware court rejects Elon Musk’s $56 billion Tesla pay package

There has been a development in the long-standing legal battle between a Delaware court and Tesla CEO Elon Musk, with a judge upholding an earlier ruling that Tesla must revoke Musk’s multi-billion dollar compensation package.

This is the second time Elon Musk’s 2018 pay package, which helped make him the richest man in the world, has been rejected — something the tech billionaire is referring to as “absolute corruption.”