Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
Tesla CEO Elon Musk loses bid to get $56 billion pay package reinstated
It appears there has been some confusion with your information. As of my current knowledge, Elon Musk, the CEO of Tesla Inc., has not had his $56 billion pay package revoked or required reinstatement. His package, awarded in 2018, is on a payoff scale contingent on market value and operational goals. It does not involve any cash or salary but offers stock options. The payout continues to be subject to company performance metrics.
Just remember, this information may be outdated as I only know up until September 2021. It will be wise to check the most recent news for updates.