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Tesla awards CEO Musk millions of shares valued at about $29 billion

Upworthy Monday, 4 August 2025 ()
Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package. The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per…
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