Musk launches appeal to restore $56 billion Tesla payday

The Gazette

Summary

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Tesla urged Delaware’s highest court to salvage Elon Musk’s record-setting pay package after a lower-court judge rejected it twice, taking his epic legal battle over tens of billions of dollars in stock options to the next level.
WAtoday
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Tesla Tells Delaware Court Why Musk Deserves Record Pay Package
Bloomberg News
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Most large public companies charter their business in Delaware to take advantage of its corporate law governing relations between boards of directors and shareholders.
Reuters
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In January 2024, Chancellor Kathaleen McCormick revoked the stock options pay package, labelling it "unfathomable".
Daily Express

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issue 88:88 ▪

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updated 88:88

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