Tesla Awards Elon Musk $29bn in Shares to Retain Him at the Company
Tesla has granted its CEO, Elon Musk, a $29bn (£21.7bn) share award in an effort to retain the billionaire’s leadership amidst growing competition in the tech industry. This decision follows a ruling by a U.S. court that deemed Musk’s 2018 pay package, valued at more than $50bn, unfair to shareholders. Musk has been appealing the … Read more