Tesla Urges Delaware Top Court to Revive Musk’s Record Pay Deal

Elon Musk resumed his legal fight — this time before the Delaware Supreme Court — to reinstate a record-setting 2018 Tesla Inc. pay package that was twice thrown out by a lower court judge.

The world’s richest person claims he hasn’t been paid for seven years of work as Tesla chief executive officer, even after reaching all the performance targets to trigger a payout that Bloomberg estimates would be worth about $125 billion. At the same time, shareholders are slated to vote next month on a whole new $1 trillion compensation plan for Musk over the next 10 years.

During ...