The Dow Jones dropped Tuesday after key jobs data. Tesla stock skidded after a judge rejected Elon Musk's pay package.

The ruling by the judge follows her January decision that called the pay package excessive and rescinded it, surprising investors.

The EV maker's shares fell 1.5% in premarket trading after a Delaware judge upheld her earlier ruling striking down Elon Musk’s multibillion-dollar pay package. Find out more:

The Dow Jones fell Monday amid key economic data. Tesla stock jumped on an analyst upgrade due to Musk's support for Trump.

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.

Elon Musk’s $56 billion pay package was rejected by a Delaware judge on Monday after a motion to revise was denied. The ruling follows a legal challenge against the 2018 compensation plan, which Tesla (TSLA) shareholders initially contested,

The judge ruling over Elon Musk’s ~$55 billion CEO pay package, which some Tesla shareholders claimed was obtained without