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Tesla board awards $29bn of shares to Elon Musk

Upworthy Monday, 4 August 2025 ()
Tesla’s board has approved the award of $29bn (£22bn) worth of shares to its chief executive, Elon Musk, after a US court ruled against a previous pay deal for the world’s richest person. Musk will pay $2bn to buy 96m shares in the electric carmaker at the same price per share as a 10-year pay…
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