Tesla has managed to include $ 29 Billion grants with Limbo 2018 package

Tesla General Manager Elon Musk It was given a payment package of 96 million shares on the weekend. The shares would serve about $ 29 Billion.

Tesla arm Monday has risen about 2%.

The company said a substitute Sunday Pay package He would play in two years while Musk was relevant as the CEO or other key position.

The new award would be lost if the legal struggle against the 2018 compensation ends with Musk, using a larger payment package of $ 56 billion.

In January, Kathalen’s chancellor in the case of McCormick face, Tornetta v. MuskCompensation plan was issued wrong. Tesla shareholders paid the payment package in June 2024.

The case is before the Supreme Court of Delaware.

Musk’s 2018 Payment Package had a set of performance targets for the company, all achieved.

The judge called the “most likely componency in public markets” called the January decision, “and said it was 33 times higher than the closest comparison, the Package of Muskaren in advance.

Payment announcement comes after a weak profit report EV maker In which Tesla lost in the upper and lower lines, sales fell by 16% straight quarter and automotive revenue.

Musk has notified in a call with the following report analysts.

“Probably a few rude quarters could be. I don’t say we will, but we could,” he said the muscles.

The company has another shareholder meeting in November.

CNBC’s Lora Kolodny helped this report.