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The company exceeded the targets, and Tesla's stock has risen 10-fold since then, making the options incredibly valuable. Tesla booked a cost of $2.6 billion when the 2018 plan went into effect.
Baron noted that when Musk’s original pay package of stock and stock options was approved by shareholders in March 2018, Tesla’s market cap stood at $53.5 billion. As of June 4, Tesla’s ...
Tesla pledged to keep fighting for Elon Musk's $56 billion ... to go the distance to reinstate CEO Elon Musk’s $56 billion pay package. ... stock market news and events moving stock prices.
Elon Musk’s record-breaking pay package for serving as Tesla’s CEO was rejected by a Delaware court, despite being approved by Tesla shareholders at a June meeting. The pay package, now worth ...
Tesla accountants estimate the same package valued at today’s price rather than that of 2018 would cost investors more than $25 billion. This would be on top of the original $2.3 billion of ...
The judge ordered Tesla to pay the plaintiff — the Tesla shareholder and former heavy metal drummer, Richard Tornetta — $345 million, which the company may choose to pay in freely tradeable stock.
The closing stock price was $182.47 on June 13, 2024 (the date the shareholders voted again on the pay package). Multiplying those two figures gives $55.46 billion, which looks a lot like the $56 ...
To review: Musk’s all-stock pay package, awarded in 2018, has been embroiled in controversy and was struck down by a Delaware court earlier this year, with the judge finding that Tesla’s board ...