
Tesla has approved a staggering pay package worth around £21.7 billion (US $29 billion) for CEO Elon Musk in a bold move to secure his continued leadership. The decision comes as the electric vehicle giant faces an ongoing legal battle over Musk's previous record-breaking pay deal, putting his future at the company in question.
The package is designed to keep Musk at Tesla's helm during a critical period of transformation, as the company shifts focus from being solely an electric car manufacturer to a leader in AI and robotics.