Tesla(US:TSLA) Feng Huang Wang·2025-08-04 11:33Core Viewpoint - Tesla has granted CEO Elon Musk 96 million shares worth approximately $29 billion to ensure his continued leadership amid legal challenges regarding his previous compensation package [1][2]. Group 1: Compensation and Legal Matters - A Delaware court ruled in 2024 that Musk's $50 billion compensation plan from 2018 was invalid due to flaws in the approval process by Tesla's board, which was deemed unfair to shareholders [1]. - Musk has appealed the court's decision, arguing that the judge made several legal errors in nullifying the record compensation package [1]. - Tesla's board has established a special committee to review compensation matters related to Musk, although specific details have not been disclosed [1]. Group 2: Stock Grant Details - The new stock grant will only vest if Musk remains in a key executive role until 2027, and it includes a five-year holding period, with Musk required to pay $23.34 per share for the restricted stock [2]. - If the Delaware court fully reinstates Musk's 2018 performance-based compensation plan, the new stock grant will be canceled or offset to prevent "double-dipping" [2]. Group 3: Strategic Shift - Tesla is at a critical turning point, with Musk shifting focus from affordable electric vehicles to autonomous taxi services and humanoid robots, positioning the company more as an AI and robotics firm rather than just an automotive manufacturer [2]. Group 4: Market Reaction - As of the report, Tesla's stock price rose over 2% in pre-market trading [3].