Delaware Supreme Court Reinstates Musk's $56B Tesla Pay
Update: 2025-12-19
Description
The Delaware Supreme Court has reinstated Elon Musks $56 billion Tesla pay package from 2018, ending a years-long legal battle. The package was tied to performance goals, all of which were met. The ruling comes after a shareholder lawsuit and a Chancery Court decision that was later appealed. Tesla had previously moved its incorporation to Texas due to the dispute, highlighting its impact on corporate governance. The company may now revoke a separate $29 billion pay package offered to Musk earlier this year. A separate $1 trillion package remains in place, setting ambitious targets for Musk to unlock its full value.
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