Delaware Court Decides Elon Musk Definitely Deserves $55.8 Billion, No Joke
Photo by Roberto JĂșnior on Unsplash
KEY POINTS
- âąDelaware's Supreme Court ruled in 2025 that Elon Musk is entitled to his $55.8 billion Tesla pay package from 2018.
- âąThis ruling overturned a 2024 Delaware Chancery Court judge decision after Tesla shareholders sued over the lavish compensation.
- âąRecently, 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 Muskâs 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 sobbingâspecifically in Delaware, where corporate drama thrives.
Share the Story
(1 of 3)
Swipe to navigate
Source: Businessinsider | Published: 12/19/2025 | Author: Paul Squire
More Articles in Business
CES 2026: The Worldâs Largest Tech Flex in the Las Vegas Desert
Theverge
America Adds 50,000 Jobs, But Those 70,000 Stayed Home for Holidays
Businessinsider
Sydney Sweeney's $1M Flop, Trump-Approved Jeans & Bathwater Soap Fiasco
Mockingbirdnews.org
Billionaire Bros Move T-Rex LLC Out of California to Avoid Paying Taxes; Dinosaur Surprised
Businessinsider
Grandfather Gifts $1,500 with Guest Star Role for Financial Advisor
Businessinsider
Facebook Exec Jumps Off Career Cliff to Build Giant iPhone Flop
Businessinsider
Man Moves to Spain for Sun, Pays in Airport Commute Hours Instead of Pounds
Businessinsider
New Berkshire CEO Gets $25M While Buffett Lived on $100K and Sandwiches
Businessinsider
Mark Cuban Declares AI Stupider Than Average Shark Tank Contestant
Businessinsider