Delaware Court Restores Musk’s $55B Tesla Pay Deal After Legal Battle
TL;DR Summary
The Delaware Supreme Court reinstated Elon Musk's $55 billion Tesla pay package from 2018, with a symbolic $1 penalty, overturning a lower court decision that rescinded it due to concerns over fairness and corporate governance. The ruling highlights ongoing issues with executive compensation, shareholder rights, and Delaware's legal environment for corporations.
- Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead Electrek
- Elon Musk’s Delaware Court Victory Makes Him The First Person Ever Worth $700 Billion Forbes
- Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion Yahoo Finance
- Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling ABC News
- Musk’s 2018 Tesla Pay Plan Reinstated After 7-Year Legal Fight Bloomberg.com
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