Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts

Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package

Tesla’s battle to reinstate Elon Musk’s $45bn (£35bn) pay package is far from over, according to legal experts, despite shareholders backing the chief executive’s remuneration deal.

Investors in the electric carmaker re-ratified the pay deal on Thursday after it had been struck down by a judge in the US state of Delaware. The company’s chair, Robin Deynholm has already pledged to “put it back in front of the court”.

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​Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based packageTesla’s battle to reinstate Elon Musk’s $45bn (£35bn) pay package is far from over, according to legal experts, despite shareholders backing the chief executive’s remuneration deal.Investors in the electric carmaker re-ratified the pay deal on Thursday after it had been struck down by a judge in the US state of Delaware. The company’s chair, Robin Deynholm has already pledged to “put it back in front of the court”. Continue reading… 


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