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Dec 2: CBS News 24/7, 1pm ET
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Elon Musk request to reinstate his $56 billion Tesla pay package is again rejected by judge
Elon Musk’s efforts to get his massive $56 billion 2018 Tesla pay package reinstated was rejected by a Delaware judge on Monday.
The decision, issued by Delaware Chancery Court Judge Kathaleen St. J. McCormick, comes after a majority of Tesla shareholders in August reauthorized the compensation package during the electric vehicle maker’s annual meeting.
After it was initially approved in 2018, the pay package sparked a lawsuit from some Tesla shareholders who accused Musk and Tesla’s board of directors of breaching their duties and unjustly enriching the billionaire. A Delaware judge ruled that Musk and his company failed to prove that the huge payout was legally warranted, prompting Musk to take the issue back to his shareholders in August.
In her Dec. 2 decision, McCormick said that Musk had asked the court “to flip its decision and enter judgment in their favor.”
She added, “The motion to revise is denied.”
The stock options Tesla granted to Musk were initially worth $2.6 billion but had soared to $56 billion when McCormick blocked the package in January, according to Bloomberg News.
—This is a breaking story and will be updated.
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Two Delta attendants fail breathalyzer test before international flight
Two flight attendants for Delta Air Lines were pulled from an international flight after failing a breathalyzer test in Amsterdam on Friday.
Randomly tested by Dutch authorities before a flight to New York’s JFK International Airport, a female flight attendant reportedly showed a blood alcohol level seven times over the legal limit for crew members and a male flight attendant failed by .02, an official familiar with the situation confirmed.
The female Delta employee was fined 1,900 euros, or about $2,000, and her male colleague was fined €275, or about $290. Another flight attendant from a different airline was also fined €1,800 (around $1,900) for being 6.5 times over the limit with the trio flagged during a three-hour period in which police screened 445 pilots and flight attendants at Schiphol Airport, according to Aviation A2Z.
A spokesperson for the Atlanta-based carrier told CBS News that the incident did not affect the flight.
“Delta’s alcohol policy is among the strictest in the industry and we have zero tolerance for violation. The employees were removed from their scheduled duties and the flight departed as scheduled,” the spokesperson said.
European aviation regulations restrict alcohol consumption for aircrew, and the Netherlands specifically bans pilots and crew members from drinking within 10 hours of a flight, Aviation A2Z reported. But the European Air Safety Agency warns that adhering to a “bottle to throttle” time rule does not guarantee compliance with legal blood alcohol concentration limits.
In the United States, the Federal Aviation Administration recommends 8 hours between drinking and flying, and that employees be removed from their duties if their blood alcohol concentration registers 0.02 or above on a required test.
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Latest news on Middle East tensions as Israel-Hezbollah friction continues, Syria war heats up
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