Delaware Supreme Court Restores Elon Musks $55 Billion Tesla Pay Deal

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Elon Musk, chief executive officer of SpaceX and Tesla, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Gonzalo Fuentes/ReutersThe Delaware Supreme Court has reinstated a $55 billion compensation package for Tesla CEO Elon Musk, reversing a lower court’s decision that ruled the 2018 deal unfair to shareholders.The ruling, issued Friday, highlighted numerous errors in the earlier judgment and awarded Tesla nominal damages of $1.

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