Delaware Court Restores Elon Musk’s 2018 Tesla Pay Package

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Source: CNBC
Delaware Court Restores Elon Musk’s 2018 Tesla Pay Package
Photo: CNBC
TL;DR Summary

The Delaware Supreme Court ruled that Elon Musk's 2018 Tesla CEO pay package, worth around $56 billion, must be restored after a lower court had rescinded it, citing procedural flaws and Musk's control over Tesla. The decision likely concludes a lengthy legal battle over Musk's record-setting compensation plan.

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