An American court has upheld a shareholder's claim that Elon Musk, the CEO of American electric car maker Tesla, is receiving an excessive amount of compensation, amounting to approximately 8 trillion yen. , rendered the judgment invalid.
In 2018, American electric car manufacturer Tesla introduced a system for CEO Elon Musk to receive approximately $55 billion, or approximately 8 trillion yen, if his stock's market capitalization reaches certain standards. Did.
Some shareholders had filed suit in a court in the eastern state of Delaware, alleging that the remuneration was excessive and that there were problems with the implementation process.
On the 30th, the court accepted the shareholder's argument and ruled that the receipt of compensation was invalid.
Regarding this decision, Mr. Musk posted on his old Twitter account X on the 30th, saying, ``Never establish a company in Delaware.''
The court also pointed out that the members of Tesla's board of directors who introduced the remuneration system have a close relationship with Mr. Musk and lack independence. Will this judgment affect Tesla's future management structure? Please be noticed.