Tesla Awards CEO Elon Musk Another Mega-Compensation
American electric carmaker Tesla is awarding its CEO, Elon Musk, a stock package worth $29 billion. The company announced this in a filing on Monday.
The compensation package dates back to 2019, giving Musk 96 million shares.
Last year, a Delaware court invalidated Musk’s 2018 compensation package, valued at over $50 billion.
The court found that Tesla’s approval process was flawed and unfair to shareholders.
