(CBS News) - Tesla is granting CEO Elon Musk shares totaling around $29 billion, the company announced Monday. The new pay package for the tech billionaire, which consists of 96 million shares of ...

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

What Happened? Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) jumped 3.1% in the morning session after its board of directors approved a new multi-billion dollar compensation package for CEO ...

Tesla granted CEO Elon Musk an interim stock award worth about US$29 billion ($44.9 billion) as a “good faith” payment while ...

Tesla (TSLA)’s board approved a $30 billion alternate compensation plan for its billionaire CEO Elon Musk, as the company and ...

Elon Musk's AI firm xAI has launched Grok Imagine, which converts text prompts into videos with sound. It is currently ...

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 ...

Shares of Tesla Inc. (NASDAQ:TSLA) lost 5.49% over the past five trading sessions in the wake of the EV maker reporting ...

The company says that the plan intends it will "incentivize Elon to remain at Tesla" due to his many other interest.