It is easy to find a thousand dollars, but hard to find a handsome man. Tesla granted Musk 300 billion dollars in stock rewards.
Tesla has approved to grant CEO Musk stock rewards worth about $30 billion, aimed at motivating the billionaire to continue focusing on the company. This move highlights Musk's strong control over the company even as electric car sales and stock prices decline. The world's richest person previously stated that as he repositions Tesla towards future directions such as artificial intelligence and autonomous driving cars, he hopes to receive a larger stake in the company. The board of directors emphasized the importance of retaining Musk in a shareholder letter released on Monday, calling this reward the first step of a "goodwill payment." The letter also stated that the board is developing a longer-term CEO compensation strategy, which will be voted on at the annual shareholder meeting on November 6.
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