Tesla Withdraws Musk’s $29 Billion Interim Award After Court Upholds Original $56 Billion Pay Package

Tesla has decided to rescind Elon Musk’s $29 billion interim compensation award. This comes after a Delaware court reinstated the larger 2018 pay package, valued at $56 billion. The company is ensuring that Musk does not receive overlapping compensation following his successful appeal to restore the original award.