By The bombshell, 200-page Delaware court ruling Tuesday ordering Tesla to undo its massive $56 billion compensation package for CEO Elon Musk features descriptions of a lawyer holding back tears, references to “Frankenstein,” Shakespeare and “Star Trek,” and a cringey self-driving car pun.
And then there’s a whole section about Mars — the planet — and Musk’s belief that he has “a moral obligation” to use his incredible wealth to help colonize it to help “save humanity.”
That wealth is on track, barring a successful appeal, to be significantly reduced by a ruling issued by Chancery Court Chancellor Kathaleen McCormick.
Musk wasn’t happy about that Tuesday, tweeting, “Never incorporate your company in the state of Delaware.”
But McCormick appeared to have some fun writing her decision.
Here are the highlights of McCormick’s ruling:
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