I haven't been following this too closely but I guess this is the second time the pay package was rescinded after having board approval and >70% of shareholders in support of it. I read elsewhere that the plaintiff only owned 9 Tesla shares but I don't know if that's true.
Nice pay day for the lawyers:
McCormick also ordered Tesla to pay the attorneys who brought the case $345 million, well short of the $6 billion they initially requested. She said the fee could be paid in cash or Tesla stock.
This twitter thread suggests this is more lawfare and the Judge has pretty serious ties to the Biden family.