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Tesla Grants Musk $29 Billion in Shares
Financial Express Bengaluru
|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 the 96 million new shares as a first step, "good faith" payment to honor Musk's more than $50 billion pay package from 2018 that was struck down by a Delaware court last year.
A longer-term CEO compensation plan will be put to a vote at its annual investor meeting on November 6.
The Delaware ruling had cited flaws in the board's approval process and unfairness to investors. Musk kicked off an appeal against the order in March, claiming a lower court judge made multiple legal errors in rescinding the record compensation.
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FLERE HISTORIER FRA Financial Express Bengaluru
Financial Express Bengaluru
Corporate leaders hail Bengal’s biz climate, pledge huge investments
TOP INDUSTRY LEADERS on Thursday lauded the Mamata Banerjee-led West Bengal government for maintaining a “favourable” business climate, as several companies announced expansion and fresh investment plans during a conclave here.
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Financial Express Bengaluru
More pressure likely for GIC Re
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Financial Express Bengaluru
Oman FTA to boost capital flow
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2 mins
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Financial Express Bengaluru
Securities market Bill in LS
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2 mins
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Financial Express Bengaluru
Ola founder sells another 28.3 million shares; stock hits new low
OLA ELECTRIC FOUNDER
1 min
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Financial Express Bengaluru
Oman FTA to facilitate easier flow of capital, professionals
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1 min
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Financial Express Bengaluru
Firms can have 50% of Indian staff in Oman
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1 mins
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Financial Express Bengaluru
ECB registrations at two-year low
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Financial Express Bengaluru
AMC stocks rise on higher cap for brokerage fees
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December 19, 2025
Financial Express Bengaluru
Investor wealth growth in 2025 slowest in seven years
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1 min
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