Tesla pay package that helped make Elon Musk the world’s richest person was unfair, judge rules

A Delaware judge on Tuesday ruled Elon Musk’s generous 2018 compensation package, which helped make the tech entrepreneur the world’s richest person, was unfair.

The package, advanced by shareholders and Tesla’s board, entitled Musk to stock options in the company as it hit specific performance targets.

Shareholders sued Musk alleging the process the led the package was improper. The news was first reported by Chancery Daily, which tracks Delaware Chancery Court matters, on Threads.