Elon Musk's 2018 Tesla pay package must be restored, Delaware Supreme Court rules
December 19, 2025 • 1m 0s
Frank Holland (Anchor)
00:00.110
got
some
breaking
news
now
on
elon
musk
phil
lebeau
has
the
details
phil
Phil LeBeau (Senior Auto Correspondent)
00:05.070
well
it's
seven
years
after
he
was
first
awarded
a
record
pay
package
back
in
twenty
eighteen
and
elon
musk
has
been
told
today
by
the
delaware
state
supreme
court
that
that
pay
package
must
be
reinstated
it
was
worth
fifty
six
billion
dollars
remember
there
was
a
chance
to
Phil LeBeau (Senior Auto Correspondent)
00:21.190
record
in
delaware
that
had
invalidated
that
pay
package
even
though
it
had
twice
been
approved
by
shareholders
but
now
you
have
the
delaware
state
supreme
court
saying
yes
that
pay
package
should
be
reinstated
to
elon
musk
again
the
value
fifty
six
billion
dollars
guys
that
Phil LeBeau (Senior Auto Correspondent)
00:40.150
seems
quaint
compared
to
the
pay
package
that
was
approved
just
a
couple
of
months
ago
by
tesla
shareholders
that
potentially
potentially
could
be
worth
close
to
a
trillion
dollars
if
if
you
think
about
that
Frank Holland (Anchor)
00:52.790
all
right
you
hit
that
half
court
shot
you
get
your
check
phil
of
both
thank
you
well
biotech
stocks
have
been
bouncing
back
after
a
rough
start
to
the
year
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