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Tesla Clears Share Award of $29 Billion to Elon Musk
Mint Kolkata
|August 05, 2025
Tesla has granted CEO Elon Musk shares worth about $29 billion, in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a crucial pivot from its struggling core auto business to robotaxis and humanoid robots.
The company described the grant of 96 million new shares as a first step, "good faith" payment to honor Musk's more than $50 billion pay package from 2018, which was struck down by a Delaware court last year. A longer-term CEO compensation plan will be put to a vote at an annual investor meeting on 6 November.
Diese Geschichte stammt aus der August 05, 2025-Ausgabe von Mint Kolkata.
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