Tesla just announced plans for a new $29 billion pay package for Elon Musk

Tesla has unveiled a new $29 billion pay package for Elon Musk. The EV giant's board announced on Monday that it had recommended that shareholders grant Musk a "good faith" CEO performance award of 96 million restricted shares of Tesla stock, worth just over $29 billion based on the stock's current value.It comes as Musk's 2018 pay package, which was worth around $46.8 billion in June, remains in limbo after being struck down by a Delaware judge last December. In a letter to shareholders, Tesla board memb ...