Hot word :

Home>News Services>Associated Press

Associated Press

Tesla Awards CEO Musk Millions of Shares Valued at about $29 Billion

AP25212751784498

Return to article

The Associated Press

11:16 JST, August 5, 2025

Tesla gave Elon Musk a stock grant of $29 billion on Monday as a reward for years of “transformative and unprecedented” growth despite a recent foray into right-wing politics that has hurt its sales, profits and its stock price.

Add TheJapanNews to your Google News feed.

New contents

JN ACCESS RANKING

Govt Plans to Urge Municipalities to Help Residents Cope with Rising Prices
Japan Prime Minister Takaichi Vows to Have Country Exit Deflation, Closely Monitor Economic Indicators
Japan to Charge Foreigners More for Residence Permits, Looking to Align with Western Countries
Japan GDP Down Annualized 1.8% in July-Sept.
JR East Suica’s Penguin to Retire at End of FY2026; Baton to be Passed to New Character