Musk receives $29.6 billion in bonuses from Tesla, conditional on remaining employed for several more years.

Tesla Approves a $29.6 Billion Bonus for Musk!

According to a statement submitted by Tesla to the U.S. Securities and Market Commission, the company has approved a $29.6 billion bonus for its CEO Elon Musk.

"On August 3, 2025, the company approved the payment of the premium for 96 million shares of restricted stock awarded to Musk as part of the 2019 incentive plan."

Considering the current value of Tesla's stock, this bonus is equivalent to $29.6 billion, which Musk will receive, but with the condition that he continues to hold a leadership or management position at the company for several years: "We believe that such a reward will encourage Elon to remain at Tesla and focus his unique management skills on increasing equity as well as attracting and retaining talent."

Original: https://www.toutiao.com/article/1839537940044800/

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