Stock & Business

Tesla files to deliver Elon Musk’s $56 billion pay package – ending the saga

Tesla has filed with the SEC to issue over 303 million shares to Elon Musk under his 2018 pay package, now worth over $114 billion at current prices. This filing signals the end of the lengthy legal battle over the compensation plan, which was reinstated by the Delaware Supreme Court in December. For Tesla owners and enthusiasts, this means the saga is officially resolved, removing a major overhang of uncertainty around Musk’s leadership and the company’s governance.