Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months ...

The company described the "interim award" as "good faith" payment to honor Musk's more than $50 billion pay package from 2018 ...

Tesla granted CEO Elon Musk a new $29 billion pay deal with 96 million shares to retain him as the company pivots from making ...

The new package comes just six months after a judge ordered the company to revoke his $56 billion pay package.

The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of ...

It comes after Musk's 2018 pay package, which was worth about $46.8 billion in June, was struck down by a Delaware judge last ...

President Donald Trump has defended Tesla CEO Elon Musk amid backlash over the billionaire's political activities.

Musk recently acknowledged that Tesla sales have dropped double-digits since he endorsed President Donald Trump and spent ...

Tesla Inc. approved an interim stock award worth about $30 billion for Chief Executive Officer Elon Musk, a massive payout ...

The package would give Musk 96 million shares of Tesla, each of which trades at just over $300. Musk would have to pay $23.34 for each of those shares, equal to the amount he was expected to pay when ...