> Is that why he sued to obtain his $29B package from Tesla shareholders?
I think you're confused on two sort-of-related things: one is the $56B package agreed to and approved in 2018 that a judge decided to revoke, for that he's suing.
The other one is the relatively recent (July/August) $29B package that was created by two indipendent board advisors to give him a "salary" (he did not participate or vote on the creation of this package), since apparently he received nothing from Tesla for the past 6-7 years. This comes as a result of him expressing that if he wants more control over the company, or he's going to build things (AI, robotics) outside of it. Part of the deal is that he's to forfeit this if the ruling on the 2018 package is in his favor.
I think you're confused on two sort-of-related things: one is the $56B package agreed to and approved in 2018 that a judge decided to revoke, for that he's suing.
The other one is the relatively recent (July/August) $29B package that was created by two indipendent board advisors to give him a "salary" (he did not participate or vote on the creation of this package), since apparently he received nothing from Tesla for the past 6-7 years. This comes as a result of him expressing that if he wants more control over the company, or he's going to build things (AI, robotics) outside of it. Part of the deal is that he's to forfeit this if the ruling on the 2018 package is in his favor.
https://en.wikipedia.org/wiki/List_of_lawsuits_involving_Tes...
https://www.reuters.com/sustainability/boards-policy-regulat...
https://techcrunch.com/2025/08/04/tesla-hands-29b-comp-packa...