Elon Musk pay reboot: Tesla approves $29bn award after court...

Dununu.com Dununu

Sponsored

Elon Musk pay reboot: Tesla approves $29bn award after court setback, board bets big to retain CEO's focus on AI

RSS Feed Business

Posted

157

Tesla's board has approved a new stock award for CEO Elon Musk, valued at approximately $29 billion, to incentivize his continued leadership. This decision follows a Delaware court's rejection of Musk's previous 2018 compensation package. The new award aims to secure Musk's focus on Tesla, particularly as the company shifts towards autonomous robotaxis and AI-driven technologies.

Read Full Article

Please log in to like, share and comment!

12 arrested for stealing transformers

BIRATNAGAR: Koshi Province Police Office in Biratnagar has made public 12 individuals involved in...

By 0 2

'Reason he can't stand up to Trump is ...': Rahul's fresh charge at PM; claims 'Modi's hands are tied'

By 0 2

‘Saiyaara’ becomes 15th highest-grossing film of Hindi cinema beating War

Mohit Suri's romantic action drama 'Saiyaara,' starring debutants Ahaan Panday and Aneet Padda,...

By 0 8

IND vs ENG: Siraj's tough upbringing has hardened him up, says coach

Mohammed Siraj's remarkable performance in the Oval Test, highlighted by a crucial delivery to...

By 0 9

Queen Elizabeth's grandson Peter Phillips chooses a ring with family history as he proposes to Harriet Sperling

Peter Phillips, Queen Elizabeth II's eldest grandchild, is engaged to Harriet Sperling. The...

By 0 11