Podknife - US judge voids Elon Musk's Tesla pay package by World Business Report

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US judge voids Elon Musk's Tesla pay package

Podcast |: World Business Report
Publisher |: BBC
Media Type |: audio
Podknife tags |: Business,; News & Politics
Categories Via RSS |: Business,; News
Publication Date |: Jan 31, 2024
Episode Duration |: 00:27:30

A judge in the US state of Delaware has cancelled the $55.8bn pay deal Tesla awarded to CEO Elon Musk in 2018, the biggest ever in US corporate history. We look into the details. Novo Nordisk, the Danish company that makes Ozempic and the weight loss drug Wegovy, has hit record highs after becoming the second European company ever to reach a market value of $500bn. We get the latest from our correspondent. And the CEO of the Swedish fashion firm H&M has stepped down after four years in the role. The company is struggling to increase profits. We hear more about its situation.

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