Published:
Tesla CEO Elon Musk’s 2018 pay package, the subject of much controversy over the years, must be reinstated, a Delaware court ruled on Friday.
The Delaware Chancery Court twice invalidated Musk’s 2018 options package, which consisted of 12 tranches set to vest after Tesla
TSLA hit various milestones around its market capitalization and business. The prior legal rejections came even though shareholders had voted to approve the pay, as that judge said Musk had undue influence over the company’s board of directors.
