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Delaware Supreme Court Reinstates Elon Musk’s $56 Billion Tesla Compensation Plan

Delaware Supreme Court Reinstates Elon Musk’s $56 Billion Tesla Compensation Plan

Author:

Global Cryptocurrency

Published:

2025-12-20 11:55:02

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BTCCSquare news:

The Delaware Supreme Court has delivered a landmark ruling in favor of Elon Musk, reinstating his controversial 2018 Tesla compensation package worth $56 billion. This decision overturns a 2024 lower court ruling that had nullified the record-breaking equity award.

Musk regains control of 303 million Tesla shares currently valued at approximately $150 billion. While the court acknowledged governance lapses in the original approval process, it imposed only nominal damages of $1 - a symbolic slap on the wrist for Tesla's board.

The ruling comes as Tesla attempts to secure Musk's continued leadership through additional incentives. A special board committee recently proposed a new 96-million-share grant worth $29 billion, underscoring the company's dependence on its visionary CEO.

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