Delaware Supreme Court hears arguments over Elon Musk's pay package
The legal fight that sent the world’s richest man into a simmering social media tantrum against Delaware made its way in front of the state’s Supreme Court on Oct. 15. Attorneys representing Tesla and its CEO Elon Musk argued the Supreme Court should overturn a 2023 Chancery Court ruling that rescinded Musk's $50 billion pay package after a judge ruled the pay plan derived from a process that didn't fully inform shareholders and was shaped by board members beholden to Musk. The ruling sent Musk into a ca ...