On Wednesday, the Delaware Supreme Court will hear the latest set of arguments in a yearslong legal drama over Tesla CEO Elon Musk's record-setting compensation package.
The pay package, worth tens of billions of dollars, was laid out back in 2018. It didn't give Musk a salary, but instead, promised him more and more Tesla shares the better the company did. The goals laid out for the highest awards — which called for Tesla's value to grow tenfold — seemed somewhere between audacious and utterly impossible at the time. Back then, the board told shareholders Musk could stand to gain $55.8 billion if he met all the goals. READ MORE