It comes after a judge ordered the company to revoke Musk’s massive pay package

Tesla has granted CEO Elon Musk 96 million shares worth about $29 billion, a move aimed at keeping the billionaire entrepreneur at the helm.

The plan would be voided if the Delaware Supreme Court overturns the decision to spike Musk's $56B comp plan from 2018. A judge ruled in 2024 that plan was unfairly negotiated.