06:20 AM EDT, 10/16/2025 (MT Newswires) -- Tesla (TSLA) argued for the reinstatement of Chief Executive Officer Elon Musk's $56 billion compensation package during the Delaware Supreme Court's hearing of the company's appeal, news outlets reported Wednesday.
The company is appealing an earlier lower court ruling that voided a shareholder vote to restore Musk's compensation, deeming the vote legally invalid, the reports said. According to Reuters, a lower court judge revoked Musk's pay in January 2024 after finding it to be unfair to investors.
Tesla did not immediately respond to MT Newswires' request for comment.