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That hadn't happened when the lawsuit was filed. OP gets the order of events wrong. The lawsuit was filed 5 months after the package was awarded, well before performance targets were hit.
It's even more absurd to bring a lawsuit against a company for either making you a ton of money (if targets, which included market cap, are hit) or getting its CEO to work for you for free (if they aren't).
This logic justifies literally any pay award. The whole point of the suit is that the process by which Musk's award amount was reached was biased in his favor, not a neutral process.
This isn't true, as the NYT puts it, the targets were a "series of jaw-dropping milestones" or "laughably impossible". It's biased in Musk's favor in the fevered mind of that stock pauper, but the lawsuit and subsequent rulings are just political activism fueled by anti-Musk animus.
EDIT.- I'm going to go one over and affirm that the only people that are against the pay package are political activists like the plaintiff and the judge or people that don't know the details of the package and are just following what their peers are telling them to believe. That is how good of a freaking deal it was to the shareholders.
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It doesn't justify literally any pay award, just those with strongly positive EV. "We'll pay out 10% of the massive unexpected increase in value" isn't a crazy division. (and you can tell it's unexpected, because if it was expected you'd buy up the price of shares until it was no longer massive)
In that case I absolutely insist that every complaining shareholder be instead given what they deserve. Buy out their shares at 2018 prices (adjusted for NASDAQ growth) instead of forcing them to suffer from the results of the unfair outcome, and let every penny of the difference come from Elon's pocket.
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