Lates News

A court in the state of Delaware in the United States ruled on Friday evening that Tesla CEO Musk's $56 billion compensation plan from 2018 must be reinstated. Previously, a Tesla shareholder had filed a lawsuit questioning the legality of this unprecedented compensation plan. This ruling is the final appeal result of this lawsuit. The court stated that the previous decision by the Delaware Chancery Court to revoke Musk's compensation was too harsh.