The Tesla shareholder meeting has prompted plenty of headlines and broader discussions about CEO pay. Shareholders voted to reinstall CEO Elon Musk’s compensation package, which had been approved by them in 2018 and then voided by a Delaware Chancery judge after a shareholder lawsuit.

The actual Delaware ruling was not based on whether or not the payment amount was excessive or unfair. It stemmed from the judge’s view that the process for obtaining the original board and shareholder approval was “inadequate.” READ MORE