时间:2025-06-17 09:00:05 来源:网络整理编辑:綜合
Remember Elon Musk's wild, all-or-nothing Tesla compensation plan? Well, it's certainly not going to
Remember Elon Musk's wild, all-or-nothing Tesla compensation plan? Well, it's certainly not going to be nothing.
In a SEC filing ahead of a shareholder meeting, Tesla said that it has hit the financial goals needed to unlock the first out of 12 possible tranches of Musk's compensation award. Musk can now purchase 1.69 million Tesla shares for $350.02 per share, and given that Tesla stock closed at around $805 per share on Thursday, the difference is currently worth $770 million.
"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," the document reads.
The five-year holding period means Musk cannot sell his shares for another five years, but if Tesla keeps doing well, they might be worth even more in the end.
It wasn't easy getting this money, though.
In January 2018, Tesla said its CEO will have a $0 salary — in fact, he would not receive guaranteed compensation of any kind. Instead, he'd get an increasingly more valuable vesting options if Tesla hit certain goals. The first one of these was for Tesla's market cap to be over $100 billion, on average, over a period six months. Tesla also had to have either $20 billion in annual revenue, or $1.5 billion in adjusted earnings.
Those two goals have now been hit, but in early 2018, when Tesla was struggling with ramping-up Model 3 production and company stock was hovering at around $330, they looked nearly impossible. It's even more impressive given that the coronavirus pandemic stalled Tesla production and decimated the company's stock price in February and March. After hitting a low of about $361 in March, the Tesla stock price more than doubled over the next two months.
Ultimately, if all 12 milestones are reached, Tesla would be worth $650 billion (current market cap is $149 billion), and Elon Musk would be, well, a lot wealthier than he is now (he's currently worth $36.3 billion according to Forbes).
TopicsTeslaElon Musk
Pole vaulter claims his penis is not to blame2025-06-17 08:38
Eggo waffles were recalled and someone needs to tell the kids from 'Stranger Things'2025-06-17 08:30
GoPro finally shows off its foldable Karma drone, and it's super sleek2025-06-17 07:58
How wireless emergency alerts work2025-06-17 07:54
Plane makes emergency landing after engine rips apart during flight2025-06-17 07:53
Some iPhone 7 users report hissing sounds, others raise Home button questions2025-06-17 07:47
Mobileye kicks Tesla to the curb for 'pushing the envelope in terms of safety'2025-06-17 07:00
Angelina Jolie reportedly files for divorce from Brad Pitt2025-06-17 06:58
Tourist survives for month in frozen New Zealand wilderness after partner dies2025-06-17 06:49
Stuck on record warm: Earth has unprecedented 162025-06-17 06:34
This German startup wants to be your bank (without being a bank)2025-06-17 08:56
The hamdog just flew out of your meat2025-06-17 08:23
Apple is releasing a beefy Smart Battery Case for iPhone 72025-06-17 08:19
Internet shows Donald Trump Jr. the real humans behind his Skittles meme2025-06-17 08:05
Aly Raisman catches Simone Biles napping on a plane like a champion2025-06-17 07:29
Horrifying bejeweled crocs hit the runway at London Fashion Week2025-06-17 06:51
Shirtless dudes posing with rescue dogs is your dream 2017 calendar2025-06-17 06:33
Elizabeth Warren takes Wells Fargo CEO to the woodshed over fake accounts2025-06-17 06:30
Nate Parker is finally thinking about the woman who accused him of rape2025-06-17 06:25
Alcohol is the scariest monster in Anne Hathaway's 'Colossal'2025-06-17 06:24