Elon Musk Gets Tesla Shares Worth $29 Billion as Bonus

Elon Musk Gets Tesla Shares Worth $29 Billion as Bonus
Source: economictimes.indiatimes.com

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

Tesla has estimated CEO Elon Musk with $ 29 billion, which is an important milestone in the changing reimbursement scheme for the organization allowed in 2018. The price is part of a very unique performance-based entire package to achieve Tesla's unique operating and marketing capital dreams. The bonus contains about 303 million equity options that oysters can train with a prescribed fee, now tired of a large scale due to Tesla's growing stock performance. Tesla's board showed that the agency met all the goals required for Musk to earn this payment. This flow has created a debate between investors and analysts on the government's refund and corporate administration. Despite not paying wages now, the development of Musk's money continues due to such equity -based full prices. This development comes at a time when Tesla is also preparing for future bounce with new product launch and global growth. The large payment highlights the size of the prices related to the management of Musk and the fulfillment of Tesla.

The Key points

  • Payment 2018 comes from the total performance -based reimbursement scheme.
  • Musk earned around 303 million storage options.
  • The alternatives are associated with Tesla's market capital and revenue dreams.
  • Tesla met all the necessary performance goals.
  • The price shows Tesla's rapid growth and shareholding.
  • Debates the executive salary and the company's rule.
  • The Tesla board approved the payment after the total performance evaluation.
  • Tesla has planned a similar expansion with new models and markets.
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