The group’s letter argues that Tesla shareholders likely “did not believe they were voting on an equity plan that would cover compensation to Mr. Musk” all the way back in 2019.
Elon Musk, 6 months after $56 billion pay package was struck down, wins a new one worth $29 billion from Tesla
BY MICHELLE CHAPMAN AND ASSOCIATED PRESS
August 4, 2025
C-SUITE
Elon Musk’s Tesla finally sets a shareholder meeting date amid doubts about his long-denied $56 billion pay package
Shareholders approved the pay package with as much as 75 percent support on Thursday.
The company called the stock deal an “interim award” after a court struck down his last pay package, worth $50 billion, in 2018.
Tesla's board is giving its CEO Elon Musk a $29 billion pay package, months after a Delaware court rejected his 2018 performance…
Tesla shareholders endorsed a massive pay package for CEO Elon Musk on Thursday at the company's factory in Austin. Cheers of…
Chants of ‘Elon’ erupt after compensation plan approved despite opposition from several high-profile investors
The legal battle over Musk's $56 billion 2018 pay package is before the Delaware Supreme Court.
