EVsElectrekabout 4 hours ago
Elon Musk gets a $116 billion Tesla payday
1 min read
Elon Musk exercised his 2018 Tesla CEO pay package, acquiring 303,960,630 shares for a paper gain of roughly $116 billion. Tesla withheld 17,531,857 shares worth $7.1 billion to cover the exercise cost via net settlement. The new shares are restricted and do not vest until January 19, 2028.
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