Tesla Seeks Legal Reinstatement of Musk's $56B Pay Package After Shareholder Vote

The company argues the recent shareholder ratification impacts the court's previous ruling voiding the compensation plan.

Tesla has asked a Delaware judge to consider the shareholder vote approving Musk's compensation package.
Shareholder attorneys argue the vote has no legal effect on the court's previous decision.
The compensation package was initially voided due to a flawed approval process and lack of transparency.
Tesla's legal strategy involves a novel use of shareholder ratification to address procedural defects.
The court's final decision on the case, including legal fees, is expected in the coming months.