0

Your Cart is Empty

Tesla CEO Elon Musk Earned The First Performance Based Payout

by Vincent Y May 28, 2020

Tesla CEO Elon Musk Earned The First Performance Based Payout

Image credit : entrepreneur.com

On May 28th 2020,Tesla CEO Elon Musk earned the first performance-based payout.

“As of the date of this proxy statement, one of the 12 tranches under this award has vested and become exercisable, subject to Mr. Musk’s payment of the exercise price of $350.02 per share and the minimum five-year holding period generally applicable to any shares he acquires upon exercise.”

As of right now, Musk has option to purchase roughly around 1.7 million of Tesla shares ( NASDAQ: TSLA ) at $350.02 a share.




Also in Tesmanian Blog

Test Production of Tesla Vehicles with New 4680 Battery Pack Has Already Begun
Test Production of Tesla Vehicles with New 4680 Battery Pack Has Already Begun

by Eva Fox September 27, 2020 0 Comments

Tesla already has battery cell packs that are installed in some Tesla vehicles and they have been on the road for several months now. 
Read More
A Tesla Rally Racing School & Resort Looks to Blend Rugged Fun with Tranquility
A Tesla Rally Racing School & Resort Looks to Blend Rugged Fun with Tranquility

by Eva Fox September 27, 2020 0 Comments

Several businessmen have teamed up to create something extraordinary: A Tesla Rally Racing School With Resort. In Mariposa, CA, about 35 miles west of Yosemite National Park's Arch Rock entrance, where there is no road—only dirt and trees, rocks and cows—Willie Morris, Gary Vaynerchuk, John Cahalin and David Taylorare planning a large-scale resort centered on an electric vehicle park and an off-road driving school.
Read More
Axiom will seal the deal with SpaceX & NASA for Tom Cruise's voyage to the Space Station
Axiom will seal the deal with SpaceX & NASA for Tom Cruise's voyage to the Space Station

by Evelyn Arevalo September 26, 2020 0 Comments

Hollywood actor Tom Cruise does not shy away from adventure. He is known for performing his own stunts in action films. He is now preparing to film a movie in outer space.
Read More

Previous  / Next