Overview
- The restored package grants options on 303 million adjusted Tesla shares at a $23.30 strike price, versus recent trading around $481, implying roughly $139 billion in value at the latest close.
- The decision reverses Chancellor Kathaleen McCormick’s annulments that followed a shareholder suit by Richard Tornetta alleging Musk’s control over the board.
- News outlets citing billionaire indices report Musk’s net worth at about $749 billion following the reinstatement.
- Attorneys for the shareholder plaintiffs say they are evaluating next steps after the Delaware Supreme Court’s decision.
- Separately from the 2018 award, Tesla’s board approved a November 2025 compensation plan that could reach $1 trillion if aggressive performance targets are achieved.