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Tesla board awards Musk $29bn in shares

City A.M. Monday, 4 August 2025 ()
Tesla board awards Musk $29bn in sharesThe board of the world’s most valuable carmaker has approved the award of shares to chief executive Elon Musk worth a staggering $29bn (£21.7bn) in efforts to prevent the billionaire from leaving the firm. The new award by Tesla, which amounts to 96 million new shares, comes as part of a new pay deal, after [...]
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