Elon Musk challenges a Delaware court’s decision to rescind his record-breaking compensation plan, arguing that it defies legal principles and corporate governance standards. Elon Musk Launches Appeal to Restore $56 Billion Tesla Payday After Court Ruling Elon Musk has formally launched an appeal to reinstate the $56 billion pay package he received from Tesla in 2018, following a controversial decision by a Delaware court that rescinded the compensation. The appeal, filed on Tuesday, contends that the ruling made by Chancellor Kathaleen McCormick was legally flawed and inconsistent with established principles of corporate governance. Musk’s 2018 pay package, which was approved … Continue reading Elon Musk Appeals to Reinstate $56 Billion Tesla Pay Package After Court Ruling