Delaware Court Decides Elon Musk Definitely Deserves $55.8 Billion, No Joke
Photo by Roberto Júnior on Unsplash
KEY POINTS
- •Delaware's Supreme Court ruled in 2025 that Elon Musk is entitled to his $55.8 billion Tesla pay package from 2018.
- •This ruling overturned a 2024 Delaware Chancery Court judge decision after Tesla shareholders sued over the lavish compensation.
- •Recently, Tesla shareholders voted to approve an even larger pay package of up to $1 trillion if Musk meets future growth targets.
In an episode that feels more like a Wall Street soap opera than real life, Delaware's Supreme Court reversed last year's Delaware Chancery Court judgment, greenlighting Elon Musk’s 2018 Tesla pay package worth a cool $55.8 billion. The original pay cut was scrapped after a Tesla shareholder threw a legal tantrum over Musk hitting outrageous growth targets. But wait, shareholders just gave Musk the thumbs up for an even more eye-watering potential payday: up to $1 trillion if Tesla plays the electric car game well enough. Somewhere, accountants are sobbing—specifically in Delaware, where corporate drama thrives.
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(1 of 3)Source: Businessinsider | Published: 12/19/2025 | Author: Paul Squire
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