Create account

Coverage dated August 3, 2025

Tesla awards CEO Musk millions of shares valued at about $29 billion

Headline from WFMZ Allentown

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

WFMZ Allentown's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Earlier updates in this story

Read the reports

Reports & sources

31 articles, oldest first.

  1. WFMZ Allentown

    Tesla awards CEO Musk millions of shares valued at about $29 billion (opens WFMZ Allentown)

    Published

    WFMZ Allentown's feed description

    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

  2. ABC 7 Los Angeles

    Tesla awards CEO Elon Musk millions in shares valued at about $29 billion (opens ABC 7 Los Angeles)

    Published

    ABC 7 Los Angeles's feed description

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

  3. CBS News

    Tesla grants CEO Elon Musk $29 billion pay package (opens CBS News)

    Published

    CBS News's feed description

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

  4. Gizmodo

    Tesla Approves Elon Musk's $29 Billion Pay Package Despite Political Risks (opens Gizmodo)

    Published

    Gizmodo's feed description

    Amid falling sales, Tesla's board still thinks Musk is worth all the trouble.

  5. Deutsche Welle

    Tesla awards Musk $29 billion in bid to keep him as CEO – DW (opens Deutsche Welle)

    Published

    Deutsche Welle's feed description

    Tesla said it sees Musk as a "magnet for hiring and retaining talent" as the company moves more towards developing AI-powered automated transport and robotics.

  6. KTVZ Bend

    Elon Musk awarded $29 billion pay package from Tesla (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Jordan Valinsky, CNN New York (CNN) — Tesla’s board is giving CEO Elon Musk another huge pay day. The company’s latest CEO pay package, worth about $29 billion, comes several months after a Delaware court rejected for a second time Musk’s 2018 performance award following a shareholder lawsuit.

  7. The Hill

    Tesla grants Musk $29B ‘good faith’ share package (opens The Hill)

    Published

    The Hill's feed description

    Tesla grants CEO Elon Musk $29 billion in shares as an interim payment while his pay package remains in court.

  8. New York Post

    Elon Musk gets $29B pay package from Tesla board to keep him at EV maker (opens New York Post)

    Published

    New York Post's feed description

    Elon Musk was awarded a new $29 billion pay package by Tesla’s board on Monday as his original deal remains tied up in Delaware court.

  9. Fortune

    Elon Musk, 6 months after $56 billion pay package was struck down, wins a new one worth $29 billion from Tesla (opens Fortune)

    Published

  10. Washington Examiner

    Tesla gives Musk $30 billion in stock after he threatened to leave (opens Washington Examiner)

    Published

    Washington Examiner's feed description

    After revealing its second-quarter results, Tesla told shareholders that keeping Elon Musk as CEO "is more important than ever before."

  11. Honolulu Star-Advertiser

    Tesla approves share award worth $29B to CEO Elon Musk | Honolulu Star-Advertiser (opens Honolulu Star-Advertiser)

    Published

    Honolulu Star-Advertiser's feed description

    Tesla has granted CEO Elon Musk shares worth about $29 billion in a new pay deal aimed at keeping the billionaire entrepreneur at the helm during a crucial pivot from its struggling core auto business to robotaxis and humanoid robots.

  12. Forbes

    Musk Awarded Nearly $30 Billion Worth Of Tesla Shares By Board (opens Forbes)

    Published

    Forbes's feed description

    The move comes after a Delaware court voided an early multibillion-dollar compensation package for Musk following a shareholder lawsuit.

  13. Insider

    Tesla just announced a new $29 billion pay package for Elon Musk (opens Insider)

    Published

    Insider's feed description

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

  14. WHEC Rochester

    Tesla awards CEO Musk millions in shares valued at about $29 billion (opens WHEC Rochester)

    Published

    WHEC Rochester's feed description

    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.

  15. Digital Journal

    Tesla approves $29 bn in shares to Musk as court case rumbles on (opens Digital Journal)

    Published

    Digital Journal's feed description

    Tesla announced an "interim" compensation award worth about $29 billion for Elon Musk on Monday, asserting the need to retain the controversial CEO at a

  16. Los Angeles Times

    Tesla awards Elon Musk $29 billion in stock amid compensation battle. What to know (opens Los Angeles Times)

    Published

    Los Angeles Times's feed description

    Tesla's board approved a compensation package for Elon Musk worth about $29 billion in order to keep the chief executive focused on the company.

  17. The Guardian

    Tesla board awards $30bn of shares to Elon Musk (opens The Guardian)

    Published

    The Guardian's feed description

    Chief executive will pay $2bn to buy stock in the carmaker at 2018 price after court rules against pay deal

  18. Jalopnik

    Tesla Board Gives Musk $29 Billion Award Despite The Mess He's Made (opens Jalopnik)

    Published

    Jalopnik's feed description

    Elon Musk gets a gift worth billions from Tesla's board as it struggles in China continue, we're still a ways away from a trade deal between Canada and the U.S.

  19. UPI

    Tesla board gives Elon Musk $29 billion pay package (opens UPI)

    Published

    UPI's feed description

    Tesla's board is giving its CEO Elon Musk a $29 billion pay package, months after a Delaware court rejected his 2018 performance award after a lawsuit,

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Tesla awards CEO Musk millions of shares valued at about $29 billion | Since Then