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flag Tesla grants CEO Elon Musk $29 billion in stock amid financial challenges and compensation concerns.

flag Tesla awarded CEO Elon Musk a $29 billion stock grant, consisting of 96 million restricted shares, to retain him amid growing concerns over his compensation and the company’s financial challenges. flag This move aims to keep Musk focused on Tesla as he expands his involvement in other ventures like SpaceX and xAI. flag The grant comes as Tesla faces falling profits, sagging sales, and shareholder concerns over Musk’s political ties. flag Tesla is appealing a court decision that struck down Musk’s previous compensation plan.

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