Elon Musk Gets $29 Billion Tesla Shares to Lead AI and Robotics Revolution

Jakarta, Pintu News – Tesla has just given a $29 billion stock package to its CEO, Elon Musk, as a strategy to maintain his leadership until 2027.

The move comes as Tesla begins to shift its focus from its slowing electric vehicle business to innovations in artificial intelligence (AI) and robotics.

Under Musk’s leadership, Tesla plans to develop robotics and humanoid robots that are expected to be the future of the company.

Musk’s Vision Gets Full Support

Tesla’s board of directors have expressed their support for Musk’s vision through social media platform X, emphasizing the importance of retaining and motivating top talent, starting with Musk himself.

Musk was recognized for his unique leadership and technical abilities, which have proven capable of building a revolutionary and profitable company. This praise comes at a critical time, as Tesla’s core electric vehicle business is starting to lose momentum.

The board has reactivated the 2018 compensation package that was blocked by a judge due to concerns about fairness. However, with shareholder support, the package is now back, and 96 million new shares have been awarded to Musk as a “good faith” first step to honor the original $50 billion pay package.

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Detailed Share Plan and New Requirements

The new shares awarded to Musk will only be valid if he remains in a key executive role until 2027. Once the shares are authorized, Musk must hold them for five years, except to cover taxes or the share purchase price of $23.34 per share, which is the price set in the 2018 pay plan.

If the court reinstates the 2018 pay package, these stock grants will be canceled or reduced to prevent double compensation.

A special committee of the board, which includes chair Robyn Denholm and director Kathleen Wilson-Thompson, has endorsed this plan. They recognize that Musk has many ventures that require his time, but they are confident that this award will motivate Musk to stay at Tesla.

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Tesla’s Financial Performance and Bitcoin Highlights

Tesla shares rose 2% after the announcement of a new pay package for Musk, although the stock has fallen 25% this year due to declining sales, aging models, and negative reactions to Musk’s political views.

Customer loyalty has declined since Musk endorsed Trump, and analysts predict another drop in sales by 2025. Tesla recorded a profit from Bitcoin (BTC) of $284 million, which was a highlight.

Thanks to new accounting rules, the value of their crypto holdings rose from $951 million to $1.24 billion. However, this gain could have been even greater. Tesla bought 43,200 BTC in 2021 for $1.5 billion, then sold more than 75% of it at a market low, earning only $936 million.

Conclusion

With a renewed focus on AI and robotics and strong financial and moral support from the board, Tesla’s future under Musk’s leadership looks set to be full of innovation and new possibilities. All eyes are now on Musk’s next move, which is highly anticipated by the internet world.

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Reference

• Coinpedia. Elon Musk Gets $29B Tesla Stock to Drive AI and Robotics Shift. Accessed on August 6, 2025
• Featured image: Parametric Architecture