New Delhi, Dec. 20 -- In a stunning reversal, Elon Musk's colossal 2018 compensation package-now ballooned to $139 billion amid Tesla's soaring valuation-is reinstated, fueling debates on CEO greed amid the EV giant's turbulent ride.
In a sweeping victory for Elon Musk, the Delaware Supreme Court has reinstated his audacious 2018 Tesla compensation package, now valued at a staggering $139 billion due to the electric vehicle maker's soaring stock price. The unanimous ruling on Friday overturned a lower court's decision that had voided the deal as "too extreme," marking the end of a yearslong legal saga that captivated Wall Street and Silicon Valley alike. The decision not only restores Musk's fortune but also reinforces shareholder power ...
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