Summary of the Judge's Decision in the Elon Musk Case

A Delaware judge recently voided Elon Musk's $56 million Tesla pay package, ruling that it was invalid due to the lack of independence on the Tesla board. The judge's decision requires Tesla to replace three directors with independent board members. This ruling could potentially shake up the company's management and decision-making processes. While Musk does not have to give back any money, the compensation package is now null and void. Musk plans to appeal the decision, but legal experts believe the ruling is well-founded.