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Elon Musk pay defeat sets up a 2025 legal battle that could reach the Supreme Court

Tesla (TSLA) has made it clear that it’s willing to go the distance to reinstate CEO Elon Musk’s $56 billion pay package. Just hours after Delaware’s top Chancery Court judge struck down a June Tesla shareholder vote in favor of the deal, Tesla vowed to ask a higher court to overturn the decision. “The court’s…

Delaware judge refuses to reinstate Elon Musk’s $56 billion Tesla pay

Cs news2 months ago2 months ago07 mins

The Delaware judge who denied Tesla (TSLA) CEO Elon Musk a $56 billion compensation package once did so for a second time on Monday, dealing a fresh legal defeat to the billionaire as he prepares for a major role in President-elect Donald Trump’s new administration. The ruling all but assures another court battle over Musk’s…