Elon Musk just got $29 billion from Tesla, the company he founded himself; here’s why

Tesla’s board has approved a $29 billion stock award for CEO Elon Musk, aiming to secure his commitment amidst challenges like declining EV sales and rising competition. This move follows a court invalidating his previous pay deal. The board believes Musk’s leadership is crucial for Tesla’s shift towards AI, robotaxis, and robotics.