Musk Fully Exercises Rights Under 2018 Tesla CEO Compensation Package, Gaining 304 Million Shares
2 hour ago / Read about 0 minute
Author:小编   

Based on the most recent filing with the U.S. Securities and Exchange Commission (SEC), Elon Musk has fully exercised all rights afforded to him under his 2018 Tesla CEO compensation plan. This move has resulted in his acquisition of 304 million shares, yielding a paper profit of approximately $116 billion (around RMB 780 billion). These shares are subject to a lock-up period and will not be available for sale until 2028.

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