Elon Musk erupted at the EU all weekend, blasting Brussels over censorship and bureaucracy after X was hit with a major fine for "fake" blue checkmarks.AP Photo/Evan Vucci, FileElon Musk is entitled to his $55.8 billion Tesla pay package from 2018, Delaware's Supreme Court ruled.A Delaware Chancery Court judge struck down the compensation package last …
Delaware Supreme Court reinstates Elon Musk’s $55 billion pay package from 2018
AP Photo/Evan Vucci, File
Elon Musk is entitled to his $55.8 billion Tesla pay package from 2018, Delaware’s Supreme Court ruled.
A Delaware Chancery Court judge struck down the compensation package last year after a Tesla shareholder sued over the massive payday, which was tied to a series of growth goalposts for the EV company.
The Delaware Supreme Court’s ruling overturns that decision, saying it was too extreme a remedy.
Tesla shareholders recently approved an even bigger pay package of up to $1 trillion for Musk if Tesla achieves further sales and growth goals.
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Ray M. Andersen
Ray M. Andersen is a cryptocurrency researcher and blockchain developer with hands-on experience building smart contracts and decentralized applications. His technical background allows him to break down complex blockchain mechanics into engaging, accessible content for readers of all levels. Ray’s work centers on Ethereum, scalability solutions, and the future of decentralized infrastructure. When not writing, he contributes to open-source Web3 projects and mentors aspiring blockchain developers.
