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Tesla awards boss Elon Musk $29bn in shares

Source: BBC

Tesla has granted its chief executive Elon Musk $29bn (£21.7bn) worth of its shares, in an attempt to keep the billionaire at the firm.The move comes after a US court struck down his 2018 pay package, worth more than $50bn, ruling that it was "unfair to shareholders".Musk has been appealing the decision made by the Delaware court in 2024 and on Monday Tesla told shareholders it was "confident" that the $29bn of…

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Read the original source at BBC