Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package
TechCrunch·2h ago·Neutral
What Happened
Tesla revoked Elon Musk's $29 billion interim compensation package after Delaware Supreme Court restored his original $56 billion 2018 award. The interim award, granted August 2025 as contingency protection, was voided per Tesla's previously stated 'no double dip' principle. The board voted without Musk to prevent duplicate compensation windfalls.
Key Entities
TeslaElon MuskDelaware Supreme CourtSEC