Tesla’s board has approved a $29 billion stock award for CEO Elon Musk, aiming to secure his commitment amidst challenges like declining EV sales and rising competition. This move follows a court invalidating his previous pay deal. The board believes Musk’s leadership is crucial for Tesla’s shift towards AI, robotaxis, and robotics. Post navigation What Harvard’s $500M rejection signals for the future of US higher education Amazon shuts Wondery podcast studio, lays off staff, CEO exits – read VP’s memo
