As Tesla, Inc.’s (NASDAQ:TSLA) shareholders gear up to review and vote again on CEO Elon Musk‘s compensation plan, legal experts suggest the proposal may face significant hurdles. What happened: Tesla has sought the ratification of its previous plan, which was invalidated by a Delaware Chancery court, noted Ann Lipton, Associate Professor of Business Law and Entrepreneurship at Tulane University Law School, in an interview with CNBC. “What they’re proposing is to grant Musk $55 billion, though the amount is now lower due to the stock downturn, for his past work. It’s uncertain whether a majori…
