Judge refuses to launch lawsuit challenging Musk pay package



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DOVER, Del. (AP) – A Delaware judge denied Tesla's request to file a lawsuit over a compensation plan, which could bring over $ 50 billion to CEO Elon Musk over the next week. decade.

The lawsuit alleges that the boards of Musk and Tesla breached their fiduciary duties to the company and its shareholders, granting Musk unjust enrichment and wasting the company's assets. She alleges that the compensation plan was negotiated by a compensation committee and approved by a board whose members were in conflict because of their personal and professional connections with Musk.

In a ruling on Friday, the judge refused to dismiss the actions for breach of fiduciary duties against Tesla and Musk, as well as actions for unjust enrichment against Musk.

He dismissed the complaint alleging the waste of the assets of the company.

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