Elon Musk has received a new billion dollar bonus as CEO of Tesla!

The Tesla board approved a new plan to replace the previously canceled compensation package by the court. This plan includes 96 million shares worth approximately 29 billion dollars.

Musk fought to obtain this new package after the cancellation of his 50 billion dollar compensation approved in 2018. The board emphasized that Musk's leadership is indispensable for the company.

Following the approval of the new plan, Tesla shares gained over 2% in the markets. This created a positive atmosphere among investors.

Musk's 13% stake makes him the largest shareholder in the company. With this new bonus, Musk's influence over the company will further increase.

These steps taken for the future of Tesla are seen as significant developments to protect the interests of both the company and its shareholders.