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Musk has just appealed the rescinding of his $56B pay deal. Where would Tesla be were he to get a more favourable ruling this time?
by wood_spirit 2y ago
Musk has just appealed the rescinding of his $56B pay deal. Where would Tesla be were he to get a more favourable ruling this time?
- correlator 2y agoThe company would have more cash in the bank when he exercises those options. They also wouldn't have to pay to create a new pay package to replace the voided one. This process is surprisingly expensive to create and implement a CEO pay package. There were more reasons that shareholders voted for the package in the revote, but omitting others as I don't think they are related to financials