Delaware Supreme Court reverses ruling on Elon Musk’s compensation package, making him the world’s highest-paid CEO; read the court order
In a major win for Elon Musk, Delaware’s Supreme Court has restored the Tesla CEO’s $56 billion pay package from 2018. The compensation plan was struck down by Delaware Chancery Court judge Kathaleen McCormick last year who said that the tech billionaire had improperly influenced board members to come up with the compensation plan. Reversing…