Tesla reportedly grant Musk $29bn share awared

Tesla Inc (NASDAQ:TSLA) has granted chief executive Elon Musk a new pay package of 96 million shares, worth about $29 billion, as it seeks to secure his leadership after a court overturned his original record-setting deal. The award is structured to gradually increase Musk's voting power and keep him focused on Tesla's long-term strategy, Reuters reported.