The judge said she would not reverse her decision to strike down the package after Tesla shareholders approved it a second time.

Dec. 3 (UPI) -- A Delaware judge has again turned aside Tesla's attempt to pay its chief executive officer, Elon Musk, a massive compensation package valued at tens of billions of dollars.

In January, McCormick rejected arguments that the 2018 $56 billion compensation was essential to ensure Musk dedicated his attention to Tesla. The judge said Musk had individually...

Tesla CEO Elon Musk has lost his bid to have his record-breaking $56 billion 2018 pay package reinstated after a Delaware judge upheld her previous ruling that the compensation plan was improperly granted.

Tesla cannot give Elon Musk a $56 billion compensation package despite a vote in support of the CEO’s pay deal by the company’s shareholders, a Delaware judge ruled on Monday.