Tesla faces a potential $26 billion profit hit over two years if the Delaware Supreme Court upholds the voiding of Elon Musk’s 2018 pay package, a larger threat than his new trillion-dollar compensation plan. Even if Tesla wins, Musk’s massive payout structure could pressure profits for years, raising concerns about governance and shareholder dilution. Analysts warn the plan could trigger tens of billions in payouts given today’s stock price.
