Market
What will be the impact on Tesla's stock price by end of 2025 following the court ruling and appeal?
2
Resolution / Starting Odds
Significant increase • 25%
Significant decrease • 25%
No significant change • 25%
Volatile fluctuations • 25%
Tesla stock performance data
Story
Judge Orders Tesla to Pay $345 Million, Rejects Musk's $56 Billion Pay Package Again
Dec 2, 2024, 10:10 PM
Elon Musk's record-setting $56 billion Tesla compensation package, the largest in U.S. corporate history, has been rejected again by Delaware Chancellor Kathaleen McCormick, even after shareholders voted to reinstate it in June 2024. The judge upheld her prior ruling that the 2018 pay package was improperly granted, stating that the company's board was too influenced by Musk when it was approved. The package, initially valued at $2.6 billion, would now be worth $101.5 billion at current prices. The court also ordered Tesla to pay $345 million in attorneys' fees to the plaintiffs, rejecting a $5.6 billion fee request. Tesla shares fell more than 1% in after-hours trading following the news. Tesla is expected to appeal the ruling to the Delaware Supreme Court.
View original story
Similar markets
Increase by more than 5% • 25%
Decrease by more than 5% • 25%
Remain within +/- 5% • 25%
Other • 25%
No significant change • 25%
More than 10% increase • 25%
More than 10% decrease • 25%
Less than 10% change • 25%
Significant Decrease • 25%
Volatile • 25%
No Significant Change • 25%
Significant Increase • 25%
Settlement reached • 25%
Ruling upheld • 25%
Ruling overturned • 25%
No appeal filed • 25%
Increases by more than 5% • 25%
Decreases by 0-5% • 25%
Increases by 0-5% • 25%
Decreases by more than 5% • 25%
Increase by more than 10% • 25%
Increase by 0-10% • 25%
Decrease by 0-10% • 25%
Decrease by more than 10% • 25%
No Appeal Filed • 25%
Settlement Reached • 25%
Appeal Overturned • 25%
Appeal Upheld • 25%
Stock price increases • 25%
Stock price remains stable • 25%
Insufficient data to determine • 25%
Stock price decreases • 25%
Stock price decreases • 25%
Stock price increases • 25%
Stock price remains stable • 25%
Significant volatility • 25%
Change between -5% and +5% • 25%
No significant change • 25%
Decrease by more than 5% • 25%
Increase by more than 5% • 25%