Musk Pay Judge Allows Scholar’s Brief Despite Tesla Protest

July 22, 2024, 6:48 PM UTC

The Delaware judge who struck down Elon Musk’s $56 billion pay package at Tesla Inc. will allow the US Chamber of Commerce and a legal scholar to weigh in on the case, according a three-page letter opinion issued Monday.

The organization and retired University of Delaware professor Charles Elson sought to file friend-of-the-court briefs concerning a Tesla shareholder vote re-approving the largest ever CEO compensation deal, and a bid for a roughly $7 billion payout for the attorneys who won the case. Chancellor Kathaleen St. Jude McCormick will hear arguments over Tesla’s motion to reinstate Musk’s compensation deal at an ...

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