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Elon Musk gets a $116 billion Tesla payday

Elon Musk has exercised the entirety of his 2018 Tesla (TSLA) CEO pay package, acquiring 303,960,630 shares for a paper gain of about $11…

Source Electrek AI Summary Updated 1h 50m ago

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Elon Musk has exercised the entirety of his 2018 Tesla (TSLA) CEO pay package, acquiring 303,960,630 shares for a paper gain of about $116 billion, according to a new SEC filing. But he didn’t sell a single share to do it — and the stock he received is locked up until 2028.

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