Elon Musk just secured a new $29 billion pay package from Tesla’s board, set to vest over two years — a strategic effort to keep him leading the company as it shifts focus from its faltering EV business to robotaxis and humanoid robots. Filed on Monday, the deal gives Musk 96 million new Tesla shares, even as the company grapples with a sustained sales slump that’s weighed down its stock in 2025. 'While we recognize Elon’s business ventures, interests and other potential demands on his time and attention are extensive and wide-ranging … we are confident that this award will incentivize Elon to remain at Tesla,' wrote members of the special committee that reviewed his compensation. #news #musk #tesla #elonmusk #finance #investing #trading