The feud between the world’s richest man and an overworked court in one of the country’s smallest states can only intensify in 2025.
That’s Elon Musk’s choice. He lost big—twice—in the Delaware Chancery Court last year over his record-breaking CEO pay package at Tesla Inc. Instead of having Tesla start over on a deal in the electric vehicle maker’s new home state of Texas, he’ll appeal the decisions voiding his $56 billion compensation pact in Delaware.
At the same time, he’ll have Delaware in his sights as he takes on the role of government efficiency czar for President-elect Donald Trump. ...
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