Delaware Court Voids Musk's $56B Tesla Pay Package

Delaware Court Voids Musk's $56B Tesla Pay Package
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The Spin

Narrative A

Elon Musk joined Tesla at a time when the company was in deep crisis. He worked almost around the clock to fix the problems at the now-iconic electric vehicle manufacturer. Even when he testified in court in November 2022, the company had achieved 11 of the 12 benchmarks set before Musk to fulfill his pay package deal. The pay, though it may seem gigantic, is fully justified.

Narrative B

Tesla's company board needs a few independent directors who could apply fair standards to initiate the restructuring of Musk's exorbitant pay package. Musk may argue that the firm hasn't lost anything since he hasn't exercised his stock option, but his salary is a disservice to shareholders and the firm must address the governance issues that led to this situation.

Metaculus Prediction


Public Figures


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