Tesla proposes giving Elon Musk $29 billion so he stays CEO

https://www.theverge.com/news/718032/tesla-elon-musk-stock-pay-29-billion-ceo-shareholders

Andrew J. Hawkins Aug 04, 2025 · 1 min read
Tesla proposes giving Elon Musk $29 billion so he stays CEO
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Tesla proposes giving Elon Musk $29 billion so he stays CEO

The stock grant is intended to retain Musk as CEO as the company fights a court ruling blocking his previous $50 billion pay package.

The stock grant is intended to retain Musk as CEO as the company fights a court ruling blocking his previous $50 billion pay package.