Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.

The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of restricted stock that vests, which is equal to the exercise price per share of the 2018 pay package that was awarded to the company’s CEO.

    • vaultdweller013@sh.itjust.works
      link
      fedilink
      arrow-up
      0
      ·
      6 days ago

      As shameless half feral dickhead. I do not get the power blackmail has over folks, cool you have some random shit on me whoopdy doo. If it was actually dangerous well they better have a deadmans switch because I know how to make short fuse grenades and have a brand new roll of fuck tape.