Federal Judges Deal Elon Musk Two Legal Setbacks in a Single Day
Two separate federal court rulings have struck legal and financial blows against Elon Musk and his business interests, raising questions about whether the world’s richest man is losing leverage in the court system he’s long relied on to defend his corporate strategies.On Monday, a judge in Delaware formally invalidated Musk’s $56 billion Tesla compensation package, denying the company’s request to move its incorporation to Texas. That same day, a federal judge in California ruled against Musk’s attempt to dismiss a lawsuit accusing him of illegally firing employees at SpaceX who had…
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