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Tesla grants $ 29 billion:
The group’s board of directors has just approved on Monday the allocation of 96 million shares to its CEO. Furthermore, worth around 29 billion dollars, or more than 25 billion euros.
Tesla takes out the big means to keep Elon Musk. Consequently, The Board of Directors of the automaker has just approved on Monday the redemption of 96 million shares at. a price of 23.34 dollars by its CEO. that is to say their exercise price at the time of the adoption of the remuneration plan of the boss of Tesla in 2018, said the company in a document deposited with the American stock market regulator, Lund.
At the end of the New York Stock Exchange on Friday, the action ended at $ 302.6, which values this “temporary” remuneration at some $ tesla grants $ 29 billion 29 billion. The goal is to keep the whimsical entrepreneur at the head of the business.
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In 2024. a Delaware court in the United States had nevertheless canceled its 2018 remuneration plan, estimated at more than $ 50 billion. Justice had then considered that the approval process of the Tesla board of directors was vitiated and inequitable for shareholders.
More information to come …
tesla grants $ 29 billion — Tesla grants $ 29 billion: The group’s board of directors has just approved on Monday the allocation of 96 million shares to its CEO. worth around 29 billion dollars, or more than 25 billion euros. Tesla takes out the big means to keep Elon Musk. The Board of Directors of the aut.
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