Washington:

A judge in the US state of Delaware voided the $56 billion compensation package of Tesla chief executive Elon Musk on Tuesday, siding with a shareholder who claimed the entrepreneur was overpaid.

The electric vehicle maker's share price fell more than three percent in after-hours trading following the publication of the 200-page ruling.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.