Tornetta v. Musk governance case

Delaware Court of Chancery · 2018-0408-KSJM · filed Jun 4, 2018 · Decided

A Tesla shareholder challenged Musk's 2018 performance award, worth tens of billions of dollars, as the product of a conflicted board.

The case

Plaintiffs: Richard Tornetta
Defendants: Elon Musk, Tesla
Court: Delaware Court of Chancery
Docket: 2018-0408-KSJM
Filed: Jun 4, 2018
Status: Decided
Outcome: Chancery rescinded Musk's 2018 pay package in 2024; the Delaware Supreme Court reinstated it in December 2025.

1 dated entry

Date	Entry	Type	Source
Jun 4, 2018	Filing: Complaint filed: Tornetta v. Musk	Filing	Link

When	Case	Kind	Status	Filed
Mar 9Filed 7mo agofiled	Anthropic PBC v. U.S. Department of WarUnverifiedActiveUnverifiedGovernanceN.D. Cal.	Governance	Active	Mar 9
Aug 4, 2025Filed 14mo agofiled	Tesla Autopilot and Robotaxi securities class actionActiveSecuritiesW.D. Tex.	Securities	Active	Aug 4, 2025
Apr 8, 2025Filed 18mo agofiled	In Re Soundhound Ai, INC. Stockholder Derivative LitigationActiveGovernanceN.D. Cal.	Governance	Active	Apr 8, 2025
Oct 21, 2024Filed 23mo agofiled	Alcon Entertainment v. TeslaActiveCopyrightC.D. Cal.	Copyright	Active	Oct 21, 2024
Oct 7, 2024Filed 24mo agofiled	In Re Mongodb, Inc. Shareholder Derivative LitigationActiveGovernanceS.D. N.Y.	Governance	Active	Oct 7, 2024
Aug 5, 2024Filed 2.1y agofiled	Musk v. AltmanActiveGovernanceN.D. Cal.	Governance	Active	Aug 5, 2024
Sep 28, 2023Filed 3y agofiled	EEOC v. TeslaActiveEmploymentN.D. Cal.	Employment	Active	Sep 28, 2023
Nov 3, 2022Filed 3.9y agofiled	Sjunde AP-Fonden v. Activision BlizzardActiveGovernanceDelaware Court of Chancery	Governance	Active	Nov 3, 2022

Caption and links

Tornetta v. Musk