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[email protected]English • 12 days ago

Tesla awards CEO Musk millions in shares valued at about $29 billion

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Tesla awards CEO Musk millions in shares valued at about $29 billion

@[email protected] to

[email protected]English • 12 days ago

Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package

Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.

The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of restricted stock that vests, which is equal to the exercise price per share of the 2018 pay package that was awarded to the company’s CEO.

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Avicenna
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14•
edit-2
11 days ago
pats himself in the back

good job buddy, you earned this.
- @[email protected]
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  5•11 days ago
  I wonder if he can ingest 29 billion worth of ketamine in the next year?
  - @[email protected]
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    2•11 days ago
    I fucking wish he’d try. Just do it all in one night.

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