Tesla awards ₹2.5 lakh cr shares to Musk as US court stays ₹4.4 lakh cr pay package
Tesla awarded 96 million shares worth $29 billion (₹2.5 lakh crore) to CEO Elon Musk. This comes after a US court put the EV-maker's earlier $50-billion (about ₹4.4 lakh crore) pay package for the billionaire on hold. The company's board said the shares were the first step 'good faith' payment to Musk, adding, "After all, a deal is a deal."