At the end of May, Tesla granted CEO Elon Musk stock options worth $1.8 billion today. Now, it's about to that again — for a second time in just over two months.
New York At the end of May Tesla granted CEO Elon Musk stock options worth $1.8 billion today. Now, it's about to that again -- for a second time in just over two months.
Musk's pay package, approved by Tesla shareholders in 2018, doesn't pay him any salary or cash bonuses. Instead, it laid out a plan that could eventually give him 20.3 million stock options over the course of 10 years, in 12 equal blocks of 1.7 million options, as long as the company hits a series of operational and market value goals. The package could eventually make him the world's richest man.
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