30 Jan 2024
Turning point
Delaware court orders Musk's 2018 pay package rescinded
In a shareholder suit alleging that Tesla's directors breached their fiduciary duties by approving Musk's 2018 performance award, the Delaware Court of Chancery issued an opinion finding that the award should be rescinded.
Sources and context
- Tesla, Inc. annual report on Form 10-K for 2025Source · Tesla, Inc., filed with the SEC