Musk Reckons $30 Billion Payday Won’t Fix Tesla Woes

Tesla’s latest crisis is not about its electric cars or innovative technology, but rather about the safety of its full self-driving feature. A Miami jury found the company 33% liable for a deadly crash in 2019 and ordered it to pay $242.5 million in damages. The board has responded by awarding Elon Musk a $30 billion stock payoff in an attempt to keep him focused on the company amid numerous crises. However, this payout may not be enough to solve the problems spreading across Musk’s empire, suggesting that deeper issues need to be addressed.

Source: https://www.bloomberg.com/news/articles/2025-08-05/podcast-elon-musk-gets-30-billion-to-stick-around