Elon Musk loses bid to reinstate massive Tesla pay plan, now worth $101B
A Delaware judge today rejected Elon Musk's bid to reinstate a Tesla pay package that was worth over $50 billion at the beginning of 2024 and has now crossed $100 billion based on Tesla's latest share price. The judge also ordered Tesla to pay $345 million in attorneys' fees to the plaintiff's counsel, who had sought $5.6 billion in fees.