Musk becomes highest-paid CEO after court reverses 2018 pay-plan ruling; read the order
Elon Musk's colossal $56 billion Tesla pay package from 2018 has been reinstated by Delaware's Supreme Court, overturning a lower court's decision. The court awarded nominal damages, recognizing Musk's entitlement to the stock-based compensation now valued at approximately $140 billion, solidifying his position as the world's highest-paid CEO.
Elon Musk's colossal $56 billion Tesla pay package from 2018 has been reinstated by Delaware's Supreme Court, overturning a lower court's decision. The court awarded nominal damages, recognizing Musk's entitlement to the stock-based compensation now valued at approximately $140 billion, solidifying his position as the world's highest-paid CEO.
