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Court Ruling: Tesla CEO Musk's 2018 $56 Billion Compensation Package Ordered to Be Reinstated
3 week ago /
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Author：小编
On Friday evening (Eastern Time), the Supreme Court of Delaware in the United States handed down a definitive ruling, compelling the reinstatement of Tesla CEO Elon Musk's 2018 compensation package, which is valued at a staggering $56 billion. Earlier, a Tesla shareholder had initiated a lawsuit, casting doubt on whether the compensation package had undergone proper approval procedures. This latest ruling marks the conclusive outcome of the appeal process stemming from that lawsuit. The court concluded that the previous decision by the Delaware Chancery Court to nullify Musk's compensation was excessively severe.
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