Overview

• Kimbal Musk said on CNBC that his brother “deserves to be paid,” noting Elon has received no salary or cash bonuses for years and leaving the decision to shareholders.
• Tesla this month granted Elon Musk an interim award of 96 million shares—about $29 billion—that vests in two years if he remains in a key role and only takes effect if Tesla loses its Delaware appeal of the voided 2018 package.
• The interim grant was approved by a special board committee with Elon and Kimbal recused and was issued without a shareholder vote, according to disclosures.
• SOC Investment Group asked Nasdaq to investigate whether Tesla should have sought shareholder approval for the interim award under listing rules.
• The committee says it will present a longer‑term CEO compensation plan to investors in November, and Kimbal Musk voiced support for Tesla’s ties to xAI as related matters head to that vote.