Cheddar
@cheddar·1.1M subscribers·2.3K videos
Tesla Will Ask Shareholders to Approve Musk Pay Package
Posted
April 17, 2024
Views
1,508
Likes
27
Comments
23
Engagement
3.32%
April 17, 2024
1,508
27
23
3.32%
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1:00Now PlayingNews from Tesla just out this morning, shareholders will be asked to approve CEO Elon Musk's 2018 pay package that has a potential worth of $55 billion. Initially, Musk received options to buy 303 million shares of Tesla at $23.34 Each as part of his pay package. It was worth $51 billion when a Delaware court threw out the pay package in January, but Tesla shares have since dropped in value, reducing the overall value to around $40 billion.
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