Elon Musk gets $29B pay package from Tesla board to keep him at EV maker

1. Elon Musk awarded a $29 billion package to incentivize his leadership. 2. The deal involves 96 million new shares and vests in two years. 3. Shares rose over 2% in premarket trading following the announcement. 4. Analysts see the deal as calming investor concerns over Musk's commitments. 5. Tesla faces challenges with sales slump and competition from automakers.