Tesla has withdrawn a $29 billion interim compensation package for Elon Musk after a Delaware court reinstated his original $56 billion 2018 pay package. The move prevents Musk from receiving double compensation while maintaining his historic award. This resolves a major corporate governance dispute that had been ongoing since the package was initially voided.
Background
Elon Musk's 2018 compensation package was the largest in corporate history but was voided by a Delaware court in January 2024 over governance concerns. Tesla had proposed a smaller interim package while Musk appealed the decision.
- Source
- TechCrunch
- Published
- Apr 23, 2026 at 09:40 PM
- Score
- 6.0 / 10