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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 ...
*Stock Advisor returns as of December 30, 2024. Howard Smith has positions in ChargePoint, EVgo, and Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure ...
Tesla’s largest outside institutional shareholder, Vanguard, was pivotal in the deal's passage. Vanguard, which holds 7% of Tesla stock, initially voted no in 2018, citing concerns over the size ...
Shareholders voted in favor of restoring the package they approved in 2018, Brandon Ehrhart, Tesla’s general counsel and board secretary, announced onstage at the company’s annual shareholder ...
Tesla’s board had said that if the shareholders didn’t approve the pay package, the company won’t get the attention it needs from Musk as it faces several challenges: Tesla’s stock price ...
Tesla's 10-year pay agreement with Musk reached in 2018 would be worth around $51 billion at Tuesday's closing price for Tesla stock, accounting for the cost to Musk to exercise the options.
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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 ...