Car industry Musk wins legal dispute over billion-euro share package from 2018
Tesla CEO Elon Musk has prevailed in the years-long legal dispute over a huge Tesla share package from 2018. The approximately 304 million shares are worth just over 146 billion dollars at the current price.
20.12.2025, 00:04
SDA
The Supreme Court in the US state of Delaware overturned the decision of a judge who had overturned the remuneration package following a shareholder lawsuit. The judges ruled that the annulment of the entire package was too harsh a measure.
In 2018, Musk had been granted the right to acquire the shares in twelve stages if the company met ambitious targets over a period of up to ten years. Tesla cracked the targets much faster. The package was worth more than 50 billion dollars at the time.
A shareholder filed a lawsuit against the remuneration at Tesla's then headquarters in the state of Delaware. A judge ruled in early 2024 that the allocation of the package was not legal. One of Musk's reactions was to move Tesla's headquarters from Delaware to Texas.
