Tesla Approves Controversial $29 Billion Pay Package for Elon Musk Amid Legal Shifts
Tesla Approves Controversial $29 Billion Pay Package for Elon Musk Amid Legal Shifts The Tesla board has approved a new, staggering $29 billion pay package for CEO Elon Musk, a move designed to secure his retention amidst an intense “war for AI talent.” This latest compensation deal comes after years of legal battles that saw a Delaware judge twice invalidate Musk’s previous mega-grant. Unlike prior agreements that included significant performance benchmarks, this new award primarily mandates Musk’s continued employment as…