SEC documents show Tesla approves awarding 96 million shares of stock rewards to Musk

Golden Finance reported that according to SEC documents, Tesla (TSLA. O) has approved the grant of 96 million shares of stock awards to Musk, and Musk will purchase the granted shares at a price of $23.34 per share. The Tesla Board Special Committee has stated that action must be taken to fulfill the compensation agreement reached in 2018, and retaining Musk is more important than ever before. Despite Musk's numerous business projects and other demands, we believe this award will motivate him to stay with the company.