Chancellor Kathaleen McCormick's ruling in January deemed Elon Musk's $56 billion pay package 'unfathomable,' with a decision on its validity expected by year's end.
Tesla shareholders have twice voted to approve Elon Musk's $56 billion pay package, yet Chancellor McCormick still holds the final decision after deeming it unfair.
Despite shareholder support for Musk's pay package, the court's prior ruling emphasizes Tesla's board responsibility to act in the best interest of shareholders.
Musk's determination to complete the tasks outlined in his pay package contrasts with potential distractions from other ventures, including his upcoming Robotaxi launch.
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