A Delaware judge rejected Elon Musk’s $56 billion Tesla pay package for the second time, despite shareholders voting to reinstate it earlier this year.

A Delaware judge has again turned aside Tesla's attempt to pay its chief executive officer, Elon Musk, a massive compensation package valued at tens of billions of dollars.

Tesla CEO Elon Musk’s $56 billion pay package was struck down once again. In a ruling on Monday, Delaware Chancery Court Judge Kathaleen St. J. McCormick upheld her decision to block the compensation plan over concerns about conflicts of interest following its approval in 2018.

The legal battle over the largest executive compensation package continues as a judge has ruled against Elon Musk

A Delaware judge ruled on Monday (December 2) that Tesla CEO Elon Musk is not entitled to a $56 billion compensation package, despite a vote by the electric vehicle company's shareholders to reinstate it.