Market
Outcome of Tesla's potential appeal on Musk's compensation ruling by end of 2025?
3
Resolution / Starting Odds
Settlement reached • 25%
Ruling upheld • 25%
Ruling overturned • 25%
No appeal filed • 25%
Public court records and official announcements
Story
Judge Rejects Musk's $56B Tesla Pay Package Again, Orders Tesla to Pay $345M in Fees
Dec 2, 2024, 10:43 PM
Elon Musk's attempt to reinstate his $56 billion Tesla pay package, originally approved in 2018 and the largest in U.S. corporate history, has been rejected again by Delaware Chancellor Kathaleen McCormick, despite overwhelming shareholder approval in June 2024. The judge upheld her prior ruling that the compensation plan was improperly granted, stating that a shareholder vote cannot retroactively validate breaches of fiduciary duty. In addition, the court ordered Tesla to pay $345 million in attorney fees to the plaintiffs, rejecting a $5.6 billion fee request. Following the news, Tesla's stock fell slightly in after-hours trading.
View original story
Similar markets
Appeal Upheld • 25%
Settlement Reached • 25%
No Appeal Filed • 25%
Appeal Overturned • 25%
Appeal successful, package reinstated • 25%
Partial success, modified package • 25%
Other outcome • 25%
Appeal denied, ruling upheld • 25%
Appeal successful • 25%
No appeal filed • 25%
Appeal unsuccessful • 25%
Appeal partially successful • 25%
Other outcome • 25%
Appeal successful, pay package modified • 25%
Appeal successful, pay package reinstated • 25%
Appeal unsuccessful • 25%
Partially Overturned • 25%
Upheld • 25%
Dismissed • 25%
Overturned • 25%
Settlement reached without lawsuit • 25%
New lawsuit filed • 25%
Other legal outcome • 25%
No further legal actions • 25%
Announce New Compensation Plan • 25%
Other • 25%
Accept Decision • 25%
File an Appeal • 25%