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Supreme Court overturns Chancery ruling, reinstates Musk’s 2018 Tesla pay deal (TSLA:NASDAQ)

Tesla EV electric vehicle Service Center. Tesla models include the Cybertruck, Model 3, Model Y, Model X and Model S

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The Supreme Court on Friday reversed the Court of Chancery’s ruling, reinstating Tesla (TSLA) CEO Elon Musk’s $56 billion pay package that had previously been rescinded.

“We reverse the remedy chosen by the Court of Chancery – rescission of the 2018 compensation plan. We

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