Automotive
Economy04/08/2025
Unverified translation

Tesla awards Elon Musk with shares worth around $29 billion

1 min
Elon Musk at a press conference in the Oval Office on May 30.Francis Chung / Efe

Tesla has approved granting CEO Elon Musk a package of 96 million shares worth around $29 billion (€25 billion), in a bid to help retain the billionaire after a judge annulled his previous pay package.