Musk Wins Big: $140B Tesla Pay Package Back on the Table

[etfs]

After years of litigation, Elon Musk’s controversial Tesla compensation package has been reinstated by the Delaware Supreme Court. The 2018 package, originally valued at $56 billion, would now be worth $140 billion at current stock prices. The decision follows Musk hitting all milestone goals, despite a shareholder lawsuit claiming conflicts of interest. Tesla may now revoke a $29 billion hedge pay package offered earlier this year, leaving Musk’s original mega-package intact.