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Tesla grants Musk $29 billion in shares as he appeals prior compensation ruling

• Aug 4, 2025, 1:20 PM
1 min de lecture
Tesla has granted CEO Elon Musk a new $29 billion share award after a court voided his previous $50 billion compensation package, citing unfairness to shareholders. The move aims to retain Musk's leadership role amid strategic shifts toward AI and robotics, declining sales and rising competition in the electric vehicle market.