Elon Musk and Tesla gain permission to appeal a ruling against his $56 billion pay package.

A Delaware judge has allowed Elon Musk and Tesla to appeal a ruling that disapproved Musk's $56 billion pay package, deemed too large for the electric carmaker. The decision opens a 30-day window for an appeal to the Delaware Supreme Court, which could take up to a year to rule. Tesla will also appeal an order to pay $345 million in legal fees to shareholders who sued to rescind the pay package.

3 months ago
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