Elon Musk’s 2018 Tesla pay package restored by Delaware court https://ift.tt/BMrV24H Maddy Lauria Decision from state supreme court on deal once worth $56bn overturns ruling that prompted angry Musk backlash Elon Musk’s controversial $56bn pay package from Tesla was reinstated by the Delaware supreme court on Friday, two years after a lower court struck down the vast compensation deal as “unfathomable”. The decision comes less than two months after Tesla shareholders approved a new plan that could be worth $1tn to Musk, already the world’s richest person, in a decade’s time. It overturns a ruling which had prompted a furious backlash from Musk. Continue reading... https://ift.tt/YdhgxbO December 19, 2025 at 11:52PM

Decision from state supreme court on deal once worth $56bn overturns ruling that prompted angry Musk backlash

Elon Musk’s controversial $56bn pay package from Tesla was reinstated by the Delaware supreme court on Friday, two years after a lower court struck down the vast compensation deal as “unfathomable”.

The decision comes less than two months after Tesla shareholders approved a new plan that could be worth $1tn to Musk, already the world’s richest person, in a decade’s time. It overturns a ruling which had prompted a furious backlash from Musk.

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from The Guardian https://ift.tt/BMrV24H