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Elon Musk lost his Tesla pay fight. Here's what he can do next.
TSLATesla(TSLA) Business Insider·2024-12-03 22:09

Advertisement A Delaware judge again struck down Elon Musk's 55billionpaypackage.LegalexpertswalkedBIthroughwhattheappealprocesscouldlooklikeforTesla.TeslamayalsoreintroducethepackageinTexas,astrategythatcouldendupcostingshareholdersmore.ElonMusk′sbattleoverhisTeslapayisenteringanewphase.ADelawarejudgeruledonMondaythatTesla′sshareholdervotewasn′tenoughtopassElonMusk′s55 billion pay package.Legal experts walked BI through what the appeal process could look like for Tesla.Tesla may also reintroduce the package in Texas, a strategy that could end up costing shareholders more.Elon Musk's battle over his Tesla pay is entering a new phase.A Delaware judge ruled on Monday that Tesla's shareholder vote wasn't enough to pass Elon Musk's 55 billion compensation package.Advertisement Tesla called the decision "wrong" ...