Musk wins appeal that restores 2018 Tesla pay deal now worth about $139 billion
TeslaTesla(US:TSLA) Yahoo Finance·2025-12-19 21:26

By Tom Hals, Jan Wolfe and Abhirup Roy WILMINGTON, Delaware, Dec 19 (Reuters) - 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 concer ...