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The Battle Over Elon Musk's Historic Compensation Package: Unpacking the Delaware Court Case
The ongoing legal dispute surrounding Elon Musk’s unprecedented 2018 compensation package has reached a pivotal moment, with the Delaware courts’ interpretations and decisions at the center of a complex battle involving fiduciary duties, shareholder rights, control, and fairness standards. This case, described as one of the most significant in corporate law history, concerns whether Musk’s colossal pay—initially valued at over $2 billion, swelling to more than $56 billion due to Tesla’s surging stock—was legally justified or an egregious breach of fiduciary responsibility.