Tesla awards CEO Musk millions of shares valued at about $29 billion
Santa Monica Daily Press
August 5, 2025, 10:14 pm
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.
