
Tesla awards boss Elon Musk $29bn in shares
Tesla CEO Elon Musk has been granted a substantial stock award valued at approximately $29 billion, marking one of the largest executive compensation packages in corporate history. The award, tied to a multi-year performance agreement, underscores Musk’s pivotal role in the company’s rapid growth and reflects Tesla’s confidence in his leadership going forward.The remuneration plan, initially sanctioned by Tesla's board and shareholders some years back, ties Musk's possible income to a set of challenging goals related to operations and market capitalization. This most recent portion of shares was activated once Tesla achieved certain objectives, like ongoing revenue increases, profitability aims,…








