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Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months ...
Tesla granted CEO Elon Musk a new $29 billion pay deal with 96 million shares to retain him as the company pivots from making ...
The company described the "interim award" as "good faith" payment to honor Musk's more than $50 billion pay package from 2018 ...
The new package comes just six months after a judge ordered the company to revoke his $56 billion pay package.
It comes after Musk's 2018 pay package, which was worth about $46.8 billion in June, was struck down by a Delaware judge last ...
Musk recently acknowledged that Tesla sales have dropped double-digits since he endorsed President Donald Trump and spent ...
President Donald Trump has defended Tesla CEO Elon Musk amid backlash over the billionaire's political activities.
Tesla Inc. approved an interim stock award worth about $30 billion for Chief Executive Officer Elon Musk, a massive payout ...
Musk is currently Tesla’s largest shareholder, with a 13 percent stake in the company. But the CEO has said he wants more ...
The move comes after a Delaware court voided an early multibillion-dollar compensation package for Musk following a shareholder lawsuit.