Meet Richard Tornetta, drummer who took on Elon Musk over a $56 billion pay deal

A Delaware court invalidated Elon Musk's $56 billion Tesla pay package, deeming the approval process deeply flawed. Shareholder Richard Tornetta's lawsuit prompted the ruling, which mandates Tesla to draft a new plan. Musk plans to appeal, and Tesla may relocate its incorporation to Texas, facing potential challenges.

Meet Richard Tornetta, drummer who took on Elon Musk over a $56 billion pay deal

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A Delaware court invalidated Elon Musk's $56 billion Tesla pay package, deeming the approval process deeply flawed. Shareholder Richard Tornetta's lawsuit prompted the ruling, which mandates Tesla to draft a new plan. Musk plans to appeal, and Tesla may relocate its incorporation to Texas, facing potential challenges.