Depends on the deal, I’ve been a part of a deal where unvested stock converted as if it had vested: depending on how much is outstanding, and the value of the o

Depends on the deal, I’ve been a part of a deal where unvested stock converted as if it had vested: depending on how much is outstanding, and the value of the ongoing relationship between the company and employees, you could expect all outstanding options (vested, unvested) to be paid. That said, in this situation, it’s unclear how Musk will behave: on the one hand, to ensure a smooth transition, it makes sense to maximise the chance that employees stay on — even if he intends to cut them eventually — but also this is Musk and so maybe he’ll see people who won’t be loyal to him self selecting to leave as a bonus and he’ll make it as easy for them as possible (by behaving in the least good way) even if it hurts the company.