Tesla said Monday it is granting CEO Elon Musk about $29 billion worth of shares as an interim payment, while his existing pay package remains tied up in court. In a letter to shareholders, Tesla ...

Elon Musk's new proposed pay package could award him over 423 million more shares in Tesla. The plan has 12 tranches with very ambitious goals. Shareholders would see another $7.5 trillion in Tesla ...

Tesla's board of directors proposed a new compensation plan for CEO Elon Musk worth a potential $1 trillion, marking what would be the largest pay package for an executive in history. The board's ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

On Monday, Tesla granted CEO Elon Musk a new $29 billion pay deal aimed at keeping the billionaire entrepreneur at the helm as the company pivots from its struggling electric vehicle business to ...

Tesla's $1T compensation plan for CEO Elon Musk may spark optimism and boost shares. Read what's driving the shift and why ...

Elon Musk purchased some 2.57 million Tesla shares last week, sending the stock into positive territory for the year.