Tesla (TSLA.US) splashes out 30 billion dollars to "retain talent"! Awarding Musk with temporary stock rewards, ensuring his focus on the CEO position for the next two years.

According to the Wisdom Financial App, Tesla (TSLA.US) has approved a temporary stock award of approximately $30 billion to CEO Elon Musk. This massive reward aims to ensure that the billionaire continues to focus on the automobile manufacturer, as legal disputes over the 2018 compensation plan remain unresolved. Tesla stated in regulatory filings on Monday that the new agreement includes 96 million shares of company stock, which will be owned by Musk if he continues to serve as CEO in the next two years. The exercise price for these restricted stocks is $23.34, the same as in the previous 2018 compensation plan.