Sawyer Merritt
@SawyerMerritt · May 29, 2024
I'll also add that if Elon gets these stock options back, he has until 2028 to exercise them. And once exercised, Elon is not allowed to sell those $TSLA shares for 5 years.
Whole Mars Catalog@wholemars· May 29, 2024All the 2018 package does is allow Elon Musk to purchase 303,960,630 shares of Tesla stock at an exercise price of $23.34 per share from the company.
On a cash basis, it doesn’t cost the company anything to “pay” him. Counterintuitively, the company’s cash balance would
Elon Musk
@elonmusk
That is a crucial point. The shares cannot be sold for 5 years, so it is impossible to cash out.
01:12 AM · May 30, 2024 · 154.8K views
231
266
2.9K