Elon Musk has been granted a substantial compensation package from Tesla, comprising 96 million restricted shares valued at approximately $29 billion. This award aims to ensure his commitment as CEO for the next two years, particularly amid challenges such as declining global sales and ongoing legal disputes regarding prior compensation agreements.
Analysts view this strategic move as a way to keep Musk focused on enhancing shareholder value, especially in the burgeoning fields of AI and related technologies. While some praise the decision as a necessary measure for stability, critics argue that the magnitude of the payout is excessive.
Ultimately, Tesla's board believes this investment in Musk will benefit the company in the long run.
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