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Elon Musk’s 2018 Tesla Pay Deal Is Restored by Delaware Supreme Court

The Delaware Supreme Court has restored Elon Musk's 2018 Tesla pay package, now valued at $139 billion, which had been previously invalidated by a lower court due to shareholder notification issues. The ruling emphasized the unfairness of leaving Musk uncompensated for his contributions over the years.

Elon Musk’s 2018 Tesla Pay Deal Is Restored by Delaware Supreme Court

Key Highlights

  • The pay package was originally valued at $56 billion.
  • A state judge had ruled the package invalid, citing insufficient shareholder information.
  • The Delaware Supreme Court's ruling occurred two years after the initial invalidation.
  • The court found it unfair for Musk to go uncompensated for his work.
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Sources

  1. Musk Wins Appeal And Restores 2018 Tesla Pay Deal Worth $56 Billion
  2. Elon Musk’s 2018 Tesla Pay Deal Is Restored by Delaware Supreme Court
  3. Elon Musk gets a win in the long-running legal battle over his Tesla pay

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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