The ruling invalidated the pay package because it said the board did not disclose that it wasn't independent enough. This is a technicality. Every investor in Tesla knew this at the time (except for the activist investor and legal team that wants to steal 5 Billion from Tesla).
The pay package was just and fair given the deliverables. Any CEO who promises to 10x a company's revenues and market cap could easily get the same deal from shareholders.
The fairness of the deal is underlined by the fact that 99.9% of observers scoffed at it ever coming true. As a long term investor in Tesla (3500 shares @16$) I have seen thousands of negative posts like yours (Tesla sentiment has been ~95% negative over that entire time). In 2018 the sentiment on the stock was lower than it is even today. Many people mocked us investors as cultists, morons, suckers, rubes etc. They were wrong. I'm absolutely going to vote in favour of the compensation package in fulfillment of the deal which made me a millionaire.