Elon Musk's 2018 Tesla Pay Package Restored by Delaware Supreme Court - News Summed Up

Elon Musk's 2018 Tesla Pay Package Restored by Delaware Supreme Court


12 hours agoNews SummaryThe Delaware Supreme Court has reinstated Elon Musk’s controversial $56 billion pay package from Tesla, which was initially approved in 2018. The restored package could now be worth as much as $139 billion. Tesla shareholders had previously approved the package, and despite the rulings, ensured Musk would receive the $56 billion. The court’s decision echoed Tesla board members’ arguments that rescinding the package would be inequitable. Musk’s dissatisfaction with Delaware’s court rulings has led him to relocate Tesla’s incorporation to Texas and publicly criticize the state’s judicial system.


Source: The Guardian December 20, 2025 16:13 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */