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Will Tesla Remain in the Red for Another Two Years? Foreign Media Uncovers a $26 Billion “Time Bomb” That Leaves Shareholders Reeling
2 day ago /
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Author：小编
Tesla could be bracing for substantial financial strain, as a compensation case dating back to 2018 threatens to become a colossal financial drain following the approval of a new compensation scheme by shareholders. The case in question traces its origins to the “zero base salary” stock option incentive program for Elon Musk, greenlit by Tesla’s board of directors in 2018. This plan outlined 12 market capitalization and operational milestones, which, if achieved, would entitle Musk to a staggering 12% of the company’s equity. Despite the ratification of a fresh compensation plan by shareholders, the execution of the old plan could saddle Tesla with hefty compensation costs, thereby imposing a formidable financial strain.
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