Tesla's board is working on a new pay package for CEO Elon Musk after a court overturned his previous $56 billion deal tied to performance goals.
A special committee is exploring options to create a new stock-based compensation plan to reward Musk for future performance milestones.
Musk desires more control over Tesla's future, aiming for at least a 25% ownership stake and focusing on AI and robotics.
Despite the setbacks, Tesla's stock has seen an upward trend with a rise of over 18% in May and 40% since late April, suggesting investors' confidence in the company's future direction.