Tesla grants CEO Elon Musk $29 billion pay package
Tesla grants CEO Elon Musk $29 billion pay package
The new package comes just six months after a judge ordered the company to revoke his $56 billion pay package.
Read the full article on CBS Money
Truth Analysis
Analysis Summary:
The article is factually accurate, with multiple sources confirming the $29 billion pay package awarded to Elon Musk by Tesla. The reporting appears mostly objective, with a slight slant towards highlighting the controversy surrounding Musk's compensation.
Detailed Analysis:
- Claim: Tesla grants CEO Elon Musk $29 billion pay package.
- Verification Source #1: Confirms Tesla is awarding Elon Musk 96 million shares of restricted stock valued at approximately $29 billion.
- Verification Source #2: Confirms Tesla approves share award worth $29 billion to CEO Elon Musk.
- Verification Source #3: Confirms Tesla grants Musk $29 billion in stock.
- Verification Source #4: Confirms Tesla unveils plans for a new $29 billion pay package for Elon Musk.
- Verification Source #5: Confirms Tesla awards boss Elon Musk $29bn in shares.
- Assessment: Supported by all sources.
- Claim: The new package comes just six months after a judge ordered the company to revoke his $56 billion pay package.
- Verification Source #1: Confirms the timing of the new package relative to the judge's order.
- Verification Source #2: Confirms that a Delaware court voided Musk's 2018 compensation package, valued at over $50 billion.
- Verification Source #3: Confirms the previous pay plan was invalidated by a judge.
- Assessment: Supported by multiple sources.
Supporting Evidence/Contradictions:
- Source 1: Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion.
- Source 2: In 2024, a Delaware court voided Musk's 2018 compensation package, valued at over $50 billion