By Chris Kirkham, Rachael Levy and Abhirup Roy LOS ANGELES (Reuters) -When Tesla's board of directors offered Elon Musk the biggest executive pay package in corporate history in September, it reassured investors that he would have to achieve the equivalent of “Mars-shot milestones” to earn $878 billion in Tesla stock over 10 years. The board’s proposal said Musk would have to “completely transform Tesla and society as we know it” in robotics and autonomous driving as well as stock value and profits. Conv ...

Tesla's stock is climbing Monday as CEO Elon Musk disclosed the purchase of more than 2.5 million shares worth approximately $1 billion. Shares of the electric vehicle maker rose 3.6% to $410.04 each. Musk purchased various amounts of shares at different prices on Friday, according to a regulatory filing. The move may be viewed by the markets as the billionaire remaining confident in the company's future. Earlier this month Tesla released a proposed pay package for Musk that would possibly make him the w ...

FILE PHOTO: Kimbal Musk speaks onstage at Move Over NFTs. Here Come the DAOs during the 2022 SXSW Conference and Festivals at Austin Convention Center on March 14, 2022 in Austin, Texas.Kimbal Musk, the younger brother of the world's wealthiest person, said Elon Musk "deserves to be paid," as Tesla remains locked in a legal saga over its CEO's pay package."I think my brother deserves to be paid," Kimbal Musk said on CNBC's "Squawk Box" on Friday. "He has zero pay for the past six to eight years. I don't thi ...