Tesla's Legal Battle Over Elon Musk's Compensation Deal
Delaware's highest court is set to hear arguments regarding Elon Musk's 2018 compensation deal at Tesla. The court will review the voided $56 billion payment package awarded to Musk, which was nullified due to a shareholder lawsuit and concerns over transparency. Tesla is vigorously defending Musk's compensation, emphasizing his role in achieving company goals. The case highlights the legal dispute over executive pay and governance at Tesla, with implications for future compensation practices. Investors will also vote on a new $1 trillion 10-year compensation package.