Tesla awards Musk $29B in attempt to “keep Elon’s energies focused on Tesla”

Tesla is granting Elon Musk over $29 billion in stock as part of an interim pay plan to ensure his continued interest in the company, amidst ongoing legal issues with a larger pay package from 2018. Board Chair Robyn Denholm emphasized the importance of retaining Musk, especially given his commitments to other ventures.

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