Elon Musk's $44.9B Tesla Pay Package Reinstated Despite Legal Hurdles

Tesla shareholders overwhelmingly vote to restore Musk's 10-year compensation plan, valued at $44.9 billion, after it was previously struck down by a judge.

The pay package, approved in 2018, rewards Musk for milestones like increasing Tesla's market value and revenue.
A Delaware judge initially voided the package, citing a flawed approval process and Musk's control over the board.
Tesla plans to appeal the court's decision if the judge does not reconsider in light of the shareholder vote.
Musk's compensation far exceeds that of other top U.S. CEOs, with the median CEO pay being $16.3 million last year.
The median annual pay for a non-CEO Tesla employee was $45,811 last year, highlighting the vast pay disparity.