Topline
Tesla approved a stock award worth around $29 billion to Elon Musk, the company disclosed in an SEC filing, in a move that comes after a judge struck down an earlier multibillion-dollar pay package granted to the carmaker’s centibillionaire CEO.
Tesla approved a stock award worth nearly $30 billion for its CEO Elon Musk.
Associated Press
Key Facts
The statement noted that a “longer-term CEO compensation strategy” for Musk will be put to a shareholder vote at the company’s November 6 annual meeting.
This is a developing story.
Source: https://www.forbes.com/sites/siladityaray/2025/08/04/teslas-board-approves-stock-award-worth-nearly-30-billion-for-ceo-elon-musk/