Tesla heads to court, and Elon Musk’s paycheck is on the line

Tesla heads to court, and Elon Musk’s paycheck is on the line


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Tesla Inc. will go to bat again for Elon Musk’s voided compensation on Wednesday, arguing before the highest court in Delaware that its CEO deserves the tens of billions of dollars he earned.

In 2018, Tesla TSLA shareholders voted to award Musk a payment package worth around $56 billion in stock, provided that Tesla hit a series of goals, which it did. However, a shareholder soon sued over that plan, and a Delaware judge voided the plan in January 2024 and reaffirmed the ruling later that year, citing Musk’s influence over the board and saying that investors had not been fully informed.



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