After last month’s frustration results, Musk continued his threat to leave Tesla if he was not given more shares.
The Tesla Directors Board approved the allocation of 96 million distributors to the amount of nearly 30 billion dollars in the framework of the new payment agreement. The Financial Times reported this on Monday, August 4.
It was noted that the decision was made after the Musk threatened to leave the company if it did not receive more shares.
The decision was approved by a special committee, formed by the Board of Directors, with only board chairman Robin Denholm and Kathlin Wilson-Tompson.
After last month’s frustration results, Musk continued his threat to leave Tesla if he was not given more shares. This happened after the Delaware Judge canceled the package of billionaire payments, which should be the largest in United States history.
If the Supreme Court of Delaware satisfies the appeal, the part of the Tesla mask will grow from about 13% to more than 20%.
“Ilon care is more important than before,” the company’s letter told shareholders.
Remember, Tesla published a financial report for the second quarter of 2025, reflecting a significant damage to the company’s indicators.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.