TLDR · MISCELLANEOUS
HOW MUCH CAN TESLA PAY ELON MUSK? DELAWARE'S SUPREME COURT WILL DECIDE
Summary from the TLDR newsletter
The Delaware Supreme Court heard the latest set of arguments over Elon Musk's compensation package for Tesla on Wednesday. The pay package could hypothetically be worth well over $100 billion as of mid-October. A panel of justices will weigh whether the package was an extraordinary move that reflected undue influence or inadequately informed shareholders, or a properly conducted business decision. Meanwhile, Tesla's board of directors has proposed a new, future compensation package that could make Musk the world's first trillionaire if fully realized.