Tesla CEO Elon Musk will gain approximately $29 billion in shares under a new compensation package, in an effort to at least partially adhere to a $55.8 billion deal from 2018 which was thrown out by a U.

Tesla is awarding Elon Musk over $29 billion of stock in an "interim" pay plan designed to maintain his interest in the company while a larger pay package awarded in 2018 remains held up in court.

The interim deal requires Musk, whose foray into politics has roiled the electric vehicle company, to stay as CEO for two years.