Followers

Monday, August 4, 2025

Elon Musk pay reboot: Tesla approves $29bn award after court setback, board bets big to retain CEO's focus on AI

Tesla's board has approved a new stock award for CEO Elon Musk, valued at approximately $29 billion, to incentivize his continued leadership. This decision follows a Delaware court's rejection of Musk's previous 2018 compensation package. The new award aims to secure Musk's focus on Tesla, particularly as the company shifts towards autonomous robotaxis and AI-driven technologies.

from Latest Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/6tJRqU3

No comments:

Post a Comment

IndiGo beats Air India duo to be country’s top international carrier

from Business News Today: Stock Markets, Financial News, India Business & World Business News https://ift.tt/Vpa2cKJ