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Outcome of Musk's potential appeal on Tesla pay package by December 31, 2025
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Resolution / Starting Odds
Appeal successful • 25%
Appeal partially successful • 25%
Appeal unsuccessful • 25%
No appeal filed • 25%
Court records or official announcements
Story
Delaware Judge Rejects Musk's $56 Billion Tesla Pay Package Again, Orders $345 Million Fees
Dec 2, 2024, 10:18 PM
Elon Musk's $56 billion compensation package from Tesla was once again rejected by Delaware Chancellor Kathaleen McCormick, despite shareholders voting twice to approve it, most recently in June 2024. McCormick upheld her previous ruling that the pay package was improperly granted, citing that the board was "too much under the influence" of Musk when it was adopted in 2018. The court also ordered Tesla to pay $345 million in attorney fees to the plaintiffs' attorneys, rejecting their initial $5.6 billion fee request. Tesla shares fell 1.2% in after-hours trading following the news.
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Appeal successful, package reinstated • 25%
Appeal denied, ruling upheld • 25%
Partial success, modified package • 25%
Other outcome • 25%
Settlement reached • 25%
Ruling upheld • 25%
Ruling overturned • 25%
No appeal filed • 25%
Reinstated • 33%
Not Reinstated • 33%
Modified • 33%
Appeal Overturned • 25%
Appeal Upheld • 25%
Settlement Reached • 25%
No Appeal Filed • 25%
Approved • 33%
Rejected • 33%
Deferred • 33%
Appeal successful • 25%
Appeal unsuccessful • 25%
Settlement reached • 25%
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Unchanged • 33%
Increased • 33%
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Musk retains full package • 25%
Musk retains partial package • 25%
Musk loses entire package • 25%
Case is appealed • 25%
Announce New Compensation Plan • 25%
File an Appeal • 25%
Accept Decision • 25%
Other • 25%