Tesla rises after court restores CEO Musk's pay package
ReutersDec 22, 2025 10:16 AM
Shares of EV maker Tesla TSLA.O rise 1.4% to $488.12 premarket
CEO Elon Musk's 2018 pay package from TSLA, once worth $56 billion, was restored by the Delaware Supreme Court
The 2018 pay package is now worth about $139 billion based on the price of Tesla's stock at the close of trading on Friday
If Musk exercises all the stock options from the 2018 package, his stake in Tesla would grow from about 12.4% to 18.1% of an expanded share base
The Supreme Court said a 2024 ruling that rescinded the pay package had been improper and inequitable to Musk
Up to last close, TSLA had risen 19% YTD
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