On December 2nd local time, Tesla issued a statement saying that a judge in Delaware, USA, had just overturned Tesla CEO Elon Musk's compensation agreement, "The court's decision is wrong, and we will appeal
On December 2nd local time, Judge Katherine St. John McCormick of the Delaware District Court decided to uphold her ruling from January this year, stating that Tesla's board of directors was too influenced by Musk when approving his compensation plan in 2018, and once again rejected the compensation plan. The initial valuation of the compensation plan was $2.6 billion, but by the time the judge cancelled it, it had risen to $56 billion.