Tesla’s Australian chairwoman Robyn Denholm was blasted by a US judge for a “lackadaisical approach” to governance at the electric carmaker as she voided Elon Musk’s record $US55 billion pay package.
The Delaware judge agreed with a shareholder complaint that the Tesla founder’s pay package was excessive and painted a picture of a board that was financially reliant on its Tesla riches.
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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com
