Elon Musk Is Ordered to Give Up , Tesla Pay Worth Billions.<br />On Jan. 30, a judge in Delaware ruled that the <br />Tesla CEO must forfeit a 2018 bonus agreement worth up to $55.8 billion, 'The Hill' reports. .<br />Musk and Tesla were sued by shareholders after the bonus package was announced.<br />The shareholders claimed that the <br />bonus was so large because Musk controlled the board, which awarded it to him.<br />According to Chancery Judge Kathaleen McCormick, the bonus package was over 250 times bigger than average executive pay at the time, .<br />effectively making it the <br />largest bonus grant in the history of <br />American private business, 'The Hill' reports. .<br />The judge referred to the method of building the bonus agreement as "deeply flawed" considering Musk's "enormous influence" over the board. .<br />According to business analysts, the ruling to have <br />the bonus agreement rescinded could strip Musk <br />of his title as the richest person in the world. .<br />Musk took to X to condemn the ruling. .<br />Never incorporate your company <br />in the state of Delaware, Elon Musk, via X
