Musk's $140 Billion Tesla Pay Reinstated After 7-Year Legal Battle

• The Delaware Supreme Court reinstated Elon Musk's 2018 Tesla pay package, valued at $140 billion, reversing a lower court's decision.
• The 7-year legal battle saw a single investor successfully block the plan initially, citing conflicts of interest on Tesla's board.
• The high court ruled that canceling the entire payout improperly left Musk uncompensated for his six years of efforts, despite upholding board conflict findings.
• Musk had criticized Delaware's legal system and moved Tesla's incorporation to Texas, prompting changes in Delaware law.
• Shareholders recently approved a new stock-based plan for Musk, potentially making him a trillionaire if future performance targets are met.

Why It Matters: Elon Musk's 2018 Tesla pay package is reinstated, ending a 7-year legal fight and impacting Delaware's corporate law.