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International Business Times
International Business Times

Elon Musk Argues Tesla Pay Cut Was 'Unfair,' Appeals Court Ruling

Elon Musk Tesla Inc. Kathaleen McCormick Richard Tornetta Florida SpaceX
White House Senior Advisor to the President and Tesla and SpaceX CEO Elon Musk speaks to Sen. Rick Scott (R-FL) (R) as he arrives at the U.S. Capitol Building on March 5, 2025 in Washington, DC. (Credit: Andrew Harnik/Getty Images/Getty Images)

Elon Musk has appealed a court ruling that rescinded his $56 billion pay package from Tesla, arguing that the decision was legally flawed and unfair to both him and the company.

The pay package, which was approved by Tesla shareholders twice in 2018, helped propel the electric vehicle maker to significant growth.

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