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If approved, the pay deal would give Musk the right to exercise approximately $56 billion in Tesla stock options. Back in 2018, when the compensation package was first approved by shareholders ...
Rather, Musk, one of the world’s richest people, makes his money through lucrative packages of stock options that allow him to purchase millions of Tesla shares for a fraction of their market price.
Shares of Tesla have been on a roller-coaster ride in 2024, as concerns about slowing growth hammered the stock in Q1. But the stock is up 16% since Nov. 6 and 33% year to date.
Investors are piling into bullish options bets on Tesla shares, with the stock hitting its highest level in more than two years on bets that CEO Elon Musk’s close ties to President-elect Donald ...
As a result of this performance, Tesla’s CEO earned options on 303,960,630 shares. If the CEO paid the $7.09 billion required to exercise the options, he would own the shares outright.
Traders in the options market expect Tesla shares to swing by nearly 10% in either direction by Friday, options data showed. With Tesla market cap at around $800 billion, such a move would make ...
San Francisco (Reuters) -Tesla Inc Chief Executive Elon Musk has exercised all of his options expiring next year, signaling an end to his stock sales that triggered a fall in the share price of ...
Musk's compensation plan was crafted to pay out in 12 separate tranches of Tesla stock options, but only in the event that the company achieved a series of $50 billion market cap increases ...