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Tesla awards Elon Musk nearly $30 billion in stock

1 min read
Source: The New York Times
Tesla awards Elon Musk nearly $30 billion in stock
Photo: The New York Times
TL;DR

Tesla granted Elon Musk approximately $29 billion worth of shares as a 'good faith' retention package after his previous pay plan was invalidated, aiming to keep him focused amid company challenges and shareholder concerns.

Topics:top-newsbusiness#business#company-retention#elon-musk#executive-compensation#stock-options#tesla
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  1. Tesla Grants Musk $29 Billion in Stock to ‘Keep Elon’s Energies Focused’  The New York Times
  2. Elon Musk awarded $29 billion pay package from Tesla  CNN
  3. Tesla board awards Elon Musk $30bn worth of shares  The Guardian
  4. Tesla approves share award worth $29 billion to CEO Elon Musk  Yahoo Finance
  5. Tesla gives Elon Musk nearly $30 billion in stock  Axios

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Read on The New York Times