Tesla has decided to appeal the Delaware Chancery Court's ruling that denies Elon Musk a $56 billion pay package approved by shareholders. This move reflects their commitment to support Musk's potential compensation despite recent legal challenges.
Judge Kathaleen McCormick's ruling stemmed from a lawsuit brought by a small-time shareholder, which raises concerns about the validity of shareholder votes if such decisions can be overturned in court.
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