Finance Daily News
  • Business
  • Economics
  • Markets
  • Tech
  • Retirement
No Result
View All Result
  • Business
  • Economics
  • Markets
  • Tech
  • Retirement
No Result
View All Result
Finance Daily News
No Result
View All Result
Home Economics

Tesla Grants Musk $29 Billion Stock Award

Orlando Newkirk by Orlando Newkirk
August 4, 2025
in Economics
Elon Musk gesturing near a black Tesla vehicle in a modern setting.

Tesla granted CEO Elon Musk a $29 billion share award to maintain his focus on transforming the company from electric car production to robotaxis and humanoid robots. The 96 million share “interim award” serves as a partial payment of the $50 billion 2018 compensation package which a Delaware court invalidated during the previous year.
Musk can obtain the award after two years in a top position at Tesla unless the 2018 deal regains its validity. The shares must remain in his possession for five years at the original price of $23.34 per share according to the terms of the original award.
The company faces multiple challenges including declining sales from its aging product line and rising EV competition and brand damage from Musk’s political endorsements including his backing of President Donald Trump. The customer loyalty of Tesla customers has experienced a significant decline according to S&P Global Mobility data since the previous summer.
The exercise of this award would increase Musk’s Tesla stock ownership to more than 15% from his current 12.7%. The company will present a long-term compensation plan to shareholders for approval during its annual meeting on November 6.

Tags: tesla
Previous Post

Apple’s Tariff-Boosted iPhone Sales Seen as Short-Lived

Next Post

U.S. Factory Orders Plunge on Aircraft Decline

Related Posts

Interior view of a large manufacturing facility with various equipment and workstations.
Economics

U.S. Factory Orders Plunge on Aircraft Decline

Interior view of an industrial manufacturing facility with machinery and equipment.
Economics

U.S. Manufacturing Contracts Again, Jobs Hit 5-Year Low

EU Braces for 10% U.S. Tariffs in Trade Talks
Economics

EU Braces for 10% U.S. Tariffs in Trade Talks

Fed Meets as Mideast Conflict Clouds Economic Picture
Economics

Fed Meets as Mideast Conflict Clouds Economic Picture

Airbus Lands VietJet Jet Deal as Tariff Talks Loom
Economics

Airbus Lands VietJet Jet Deal as Tariff Talks Loom

Metallic sign displaying the name 'Goldman Sachs' in a corporate setting.
Economics

Goldman Cuts US Recession Odds as Tariff Risks Ease

Next Post
Interior view of a large manufacturing facility with various equipment and workstations.

U.S. Factory Orders Plunge on Aircraft Decline

POPULAR NEWS

  • Newsweek Magazine

    Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek

    0 shares
    Share 0 Tweet 0
  • Peter Navarro crafts Trump’s tariff strategy, but Elon Musk isn’t sold.

    0 shares
    Share 0 Tweet 0
  • Affordable, stress-free travel: why the 2025 Honda Civic shines.

    0 shares
    Share 0 Tweet 0
  • Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

    0 shares
    Share 0 Tweet 0
  • Trump Media stock rallies on Crypto.com partnership news, while DJT shares remain stuck in a sharp decline.

    0 shares
    Share 0 Tweet 0
JKreativ WordPress theme
  • Trending
  • Comments
  • Latest
Newsweek Magazine

Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek

Navarro

Peter Navarro crafts Trump’s tariff strategy, but Elon Musk isn’t sold.

The Honda Civic proves compact cars

Affordable, stress-free travel: why the 2025 Honda Civic shines.

Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

A man with long hair in a suit holding a microphone with a Netflix sign in the background.

Director ‘blew $11 million on Netflix series for fancy cars, hotels’

Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

Ripple CEO announces that the SEC has abandoned its appeal in the lawsuit against the cryptocurrency firm.

Mining

Could AI Agents Take Over Blockchain Mining?

Bitcoin market

Bitcoin’s Bullish Form Returns – Huge Uptrend Near?

Close-up view of the UnitedHealthcare logo displayed on a computer screen.

US Firms Boost Executive Security as Threats Surge

A red diesel engine with various components and piping visible from multiple angles.

Cummins Beats Estimates on Data Center Power Demand

Woman with shoulder-length brown hair wearing a pink top against a pink background.

Yaccarino to Lead eMed in Telehealth Growth Push

Man in a black suit standing in front of a Transformers movie premiere backdrop.

David Ellison to Lead New Paramount-Skydance Entity

  • Privacy Policy
  • Terms
  • About us
  • Contacts

© 2025 Finance Daily News | FD News

No Result
View All Result
  • Business
  • Economics
  • Markets
  • Tech

© 2025 Finance Daily News | FD News