From Fortune:

A judge orders Elon Musk to forfeit a $55 billion compensation package awarded by Tesla’s board of directors. The ruling comes five years after a shareholder lawsuit accused Musk and the directors of breaching their duties. Plaintiff’s lawyers claim the pay package was a product of sham negotiations, while defense attorneys argue it was fairly negotiated and contained lofty performance milestones.



Read more: Elon Musk must give up $55 billion Tesla pay package after judge sides with shareholder