TLDR · BIG TECH & STARTUPS
TESLA WINS FINAL COURT FIGHT OVER ELON MUSK'S PAY PACKAGE
Summary from the TLDR newsletter
Tesla won its fight over Elon Musk's record-breaking pay package approved by shareholders in 2018. The Delaware Supreme Court said the lower court's ruling would have deprived Musk of compensation for several years of work, so he should get the full pay package. Musk's 2018 stock options have grown in value to $139 billion. It was initially valued at more than $2.3 billion, already shattering previous compensation records.