Tesla's Board Awards Elon Musk $29 Billion In Shares

August 4, 2025

Tesla's Board awarded Elon Musk with 96 million shares which values at around $29 billion, the new shares will be fully given to Elon Musk after two years given he stays in an executive position.

This award is a temporary measure while his previous $56 billion pay package is still being settled in court. If the court rules that in Musk's favor then this award be will be forfeited.^[1]