Court ruling: Tesla CEO Musk's 2018 compensation plan must be reinstated.
A court in the state of Delaware in the United States has ruled that Tesla CEO Elon Musk's 2018 compensation package worth $56 billion must be reinstated. The Delaware Supreme Court made this final ruling on Friday evening Eastern time. Earlier, a Tesla shareholder filed a lawsuit questioning whether this unprecedented compensation package had been properly approved, and this ruling is the final appeal result for that lawsuit. The court stated that the previous decision by the Delaware Chancery Court to revoke Musk's compensation was too harsh.
Latest

