Frank Holland (Anchor) 00:00.110
got some breaking news now on elon musk phil lebeau has the details phil
Phil LeBeau (Senior Auto Correspondent) 00:05.070
well it's seven years after he was first awarded a record pay package back in twenty eighteen and elon musk has been told today by the delaware state supreme court that that pay package must be reinstated it was worth fifty six billion dollars remember there was a chance to
Phil LeBeau (Senior Auto Correspondent) 00:21.190
record in delaware that had invalidated that pay package even though it had twice been approved by shareholders but now you have the delaware state supreme court saying yes that pay package should be reinstated to elon musk again the value fifty six billion dollars guys that
Phil LeBeau (Senior Auto Correspondent) 00:40.150
seems quaint compared to the pay package that was approved just a couple of months ago by tesla shareholders that potentially potentially could be worth close to a trillion dollars if if you think about that
Frank Holland (Anchor) 00:52.790
all right you hit that half court shot you get your check phil of both thank you well biotech stocks have been bouncing back after a rough start to the year