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Tesla approves $29 bn in shares to Musk as court case rumbles on
Tesla approves $29 bn in shares to Musk as court case rumbles on
by  AFP

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 moment of fierce competition for top talent. With that appeal dragging out, Monday's announcement marks an interim step while the company develops a "longer-term CEO compensation strategy," Tesla said in a letter to shareholders.

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