Tesla CEO Elon Musk's push against Delaware's corporate law gained traction after a judge ruled his $56 billion pay package was unlawfully granted, according to CNBC. Delaware's Senate passed an amended bill aimed at making the state more business-friendly, following Musk's criticisms and corporate relocations. The bill would alter corporate oversight, limiting shareholder access to company records. Musk could benefit if the law is enacted.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:03Elon Musk's push against Delaware's corporate law gained traction after a judge ruled his
00:07$56 billion pay package was unlawfully granted, according to CNBC.
00:12Delaware's Senate passed an amended version of a bill aimed at making the state more
00:16business-friendly, following Musk's criticism and corporate relocations.
00:21The bill would alter corporate oversight, limiting shareholder access to company records.
00:25Musk could benefit if the law is enacted.
00:27For all things money, visit Benzinga.com slash GSTV.