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Tesla CEO Elon Musk Last weekend was awarded a temporary payment package of 96 million shares. The stock will cost about $ 29 billion.
Tesla stock It rose approximately 2% on Monday.
The company said in supply On Sunday that Packing Package Two years later, until Musk continued the CEO or another key executive position.
The new award would be confiscated if the legal battle for its compensation for 2018 will end if Musk could make a large pay package, which was estimated at $ 56 billion.
In January, the chancellor Catelid McCormic supported a preliminary resolution on the case, Tornetta v. MuskTo make the compensation plan incorrectly provided. Tesla’s shareholders approved the payment package in June 2024.
The case is now in front of the Supreme Court of Delaware.
The Musk 2018 payment package has included a set of targets for the company that has been reached.
The judge called it “the largest opportunity of potential compensation, which, if -was observed in the state markets” in his January decision and stated that 33 times higher than the closest comparison, which was the previous mask package.
An announcement of payment goes after a weak income report Ev Maker In which Tesla missed the top and lower line, and sales were reduced by the second quarter, and the profit from cars decreased by 16%.
Musk acknowledged that the upcoming losses of EV tax loans by call with analysts after the report.
“We could probably have a few rough quarters. I don’t say we will, but they could,” Musk said.
The campaign in November has another shareholder meeting.
Laura Kruni in CNBC contributed to this report.
