this post was submitted on 20 Dec 2025
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A Delaware appeals court cleared the way Friday, December 19, for tech CEO Elon Musk to receive a long-contested $56 billion Tesla pay package, reversing an earlier judgment in the long-running case.

The decision by the Delaware Supreme Court rejects a pair of judgments by Chancellor Kathaleen McCormick of Delaware's Court of Chancery and sets the stage for another windfall for the world's richest person.

In a pair of 2024 rulings, McCormick invalidated the 2018 package, which once loomed as historically large but has since been eclipsed by the billionaire's most recent Tesla package.

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[–] SailorFuzz@lemmy.world 26 points 12 hours ago (1 children)

If the US wanted to have a French style revolution, it would have to start with the symbol of excess, Elon Musk.

[–] gravitas_deficiency@sh.itjust.works 13 points 11 hours ago (2 children)

Peter Thiel needs to be the first, tbh

[–] SailorFuzz@lemmy.world 6 points 11 hours ago

moderately informed people know who Peter Thiel is.... EVERYONE knows who Elon Musk is.

[–] Avicenna@programming.dev 4 points 11 hours ago

different kinds of cancer

[–] 20cello@lemmy.world 23 points 18 hours ago
[–] Jerb322@lemmy.world 14 points 12 hours ago

Sure, let's give the richest man in the world More money.....fuck this time line!

[–] AbsolutelyNotAVelociraptor@sh.itjust.works 14 points 18 hours ago (2 children)

Awesome news! This will just fuel the company's disgust towards Ketamine Karen! The kind of wars I like. Rich people against rich people.

[–] falseWhite@lemmy.world 19 points 14 hours ago* (last edited 14 hours ago) (1 children)

Rich against rich? What am I missing?

Tesla approved this compensation package for him and now he is getting what they approved long ago.

What rich people are fighting here?

This is very bad news. He's just getting more and more rich and not even courts can stop him.

Courts could stop him, they just don't want to.

[–] Lucidlethargy@sh.itjust.works 3 points 7 hours ago

Rich people are cowards. They won't fight the way you think they will.

It'll be like when Trump and Elon fought. Nothing will come of it, and they'll raise their glasses to one another in a few months time.

[–] WanderWisley@lemmy.world 13 points 10 hours ago

collapsed inline media

Congratulations Elon you just won a free hair cut!

[–] Lucidlethargy@sh.itjust.works 8 points 7 hours ago

Won't someone rid humanity of this meddlesom pest?