Source: Yahoo! Finance
“Elon Musk’s 2018 pay package from Tesla, once worth $56 billion, was restored by the Delaware Supreme Court on Friday, nearly two years after a lower court struck down the compensation deal as ‘unfathomable.’ The ruling overturns a decision that had prompted a furious backlash from Musk and damaged Delaware’s business-friendly reputation. It assures Musk greater control over the company, which he has said is his main concern, even after shareholders recently approved a new pay package that could be worth $878 billion if Tesla meets certain targets. The Supreme Court said a 2024 ruling that rescinded the pay package had been improper and inequitable to Musk. The remedy of total rescission ‘leaves Musk uncompensated for his time and efforts over a period of six years,’ the 49-page ruling issued on Friday stated.” (12/20/25)
https://finance.yahoo.com/news/musk-wins-appeal-restores-2018-212635609.html