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Tesla Ties Musk with New $29 Billion Stock Award Amid Leadership Transition

Published on: Aug. 5, 2025, 12:21 a.m. | Source: Devdiscourse

Tesla has offered CEO Elon Musk a stock award worth $29 billion to ensure his continued leadership as the company pivots from its regular vehicle business to robotics and robotaxis. This move, amid declining sales and brand loyalty, aims to quell concerns about Musk's focus on Tesla.

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