Tesla grants CEO Elon Musk $29 billion in new shares amid falling stock prices
Tesla grants CEO Musk 96 million shares worth $29 billion to keep him focused on the company's new mission as an AI and robotics company. The shares vest only if Musk stays in a key role through 2027, increasing his voting power. This follows a court ruling that voided his original $50 billion compensation package for being unfair to shareholders. Tesla faces challenges such as declining sales.