Tesla proposes giving Elon Musk $29 billion so he stays CEO
is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Tesla approved a restricted stock award of 96 million shares, worth about $29 billion, to “incentivize” the controversial billionaire to remain at the head of the company during a protracted legal battle over his original pay package. Last year, a Delaware court voided Musk’s pay package, valued at more than $50 billion, a