Elon Musk’s $50 billion Tesla pay was struck down. What happens next?

A landmark decision by Chancellor Kathaleen St. J McCormick of the Delaware Court of Chancery has left Tesla’s board of directors facing a daunting challenge after she ordered the cancellation of Elon Musk’s $50 billion stock options. The ruling puts the electric car company in a precarious position as it navigates the aftermath of the controversial pay package that contributed to making Musk the world’s richest person.
What happens to Musk’s stock options?
Under a compensation package…