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

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin
Business

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin

Intel Core processor positioned on a circuit board with blue lighting effects.
Economics

Intel Gains on Report of Possible US Government Stake

US Import Prices Rise in July on Costlier Consumer Goods
Economics

US Import Prices Rise in July on Costlier Consumer Goods

Exterior view of the Federal Reserve building featuring columns and flags.
Economics

Markets See Fed September Rate Cut as Near Certainty

Fannie Mae headquarters building with a prominent sign and landscaped area in front.
Economics

Trump Eyes Fannie, Freddie IPOs Valued at $500 Billion

Trump Tariffs Push U.S. Buyers to Shift From India
Economics

Trump Tariffs Push U.S. Buyers to Shift From India

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
  • The Democratization Of Wall Street: AI Trading For All

    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
JKreativ WordPress theme
  • Trending
  • Comments
  • Latest
Newsweek Magazine

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

The Democratization Of Wall Street. AI Trading For All.

The Democratization Of Wall Street: AI Trading For All

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.

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?

BlockDAG's X1 & X10 Demo Shines as XRP & AVAX Gain Momentum

BlockDAG’s X1 & X10 Demo Shines as XRP & AVAX Gain Momentum

Ethereum Hits Record $4,880 After 15% Intraday Rally

Ethereum Hits Record $4,880 After 15% Intraday Rally

Bitcoin Price Stumbles to $112,301 Ahead of Powell's Jackson Hole Speech

Bitcoin Price Stumbles to $112,301 Ahead of Powell’s Jackson Hole Speech

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin

Impersonator Posing as UK Enforcement Officer Scams Victim of €2.1M in Bitcoin

  • 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