Tesla just announced plans for a new $29 billion pay package for Elon Musk

Elon Musk said the time he spent on politics is "less than people would think." Chip Somodevilla via Getty Images Tesla has just unveiled a new $29 billion pay package for Elon Musk. The EV giant's board said the new "good faith" award was necessary to "incentivize and retain" Musk as CEO. It…