Monday, August 04, 2025

Tesla Awards Boss Elon Musk $29bn in Shares

Tesla has granted its chief executive Elon Musk $29bn (21.7bn) worth of its shares, in an attempt to keep the billionaire at the firm.

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Tesla CEO Elon Musk was awarded an interim pay package of 96 million shares of the company over the weekend. The shares would be worth about $29 billion. Read more: cnb.cx/40OGlZa

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-- CNBC (@cnbc.com) Aug 4, 2025 at 2:16 PM

Comments

You'd think they'd want to get him as far away from their brand as possible.

#1 | Posted by qcp at 2025-08-04 10:34 AM

tesla-motors-review.weebly.com

#2 | Posted by C0RI0LANUS at 2025-08-04 01:13 PM

You'd think they'd want to get him as far away from their brand as possible.

#1 | Posted by qcp at 2025-08-04 10:34 AM | Reply | Flag:

Tesla stock has never been reality based.

#3 | Posted by sitzkrieg at 2025-08-04 04:57 PM

Tesla's brand loyalty collapsed after Musk backed Trump, data shows

www.reuters.com

#4 | Posted by reinheitsgebot at 2025-08-04 07:43 PM

Democrats: "Electric Vehicles are the future!"

Republicans: "Roll Coal!"

Musk: "I'm not sure which side to support."

#5 | Posted by ClownShack at 2025-08-04 07:47 PM

Elmo hitches his wagon to Sh*tler.

Tesla sales and value plummet.

Tesla board...."Let's give him $29 BILLION!....GREAT IDEA!"

#6 | Posted by Nixon at 2025-08-05 08:02 AM

As I've said for what, a decade here now? Tesla stock is not reality based. It's everything progressives hate, but it was overlooked pre-Covid because he hadn't fallen out with California Dems yet over whether or not Tesla was "Essential".

"Some Tesla board members have close personal or business relationships with Elon Musk. For example, Musk's brother, Kimbal Musk, is a board member, raising concerns about potential conflicts of interest."

"There's evidence to suggest Musk has wielded significant influence over critical decisions, including director appointments and compensation packages."

#7 | Posted by sitzkrieg at 2025-08-05 11:59 AM

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