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I understand Tesla acquiring other companies counting to the cap, but Tesla _being acquired_ by another company, why would that count?
by andruby 4mo ago
I understand Tesla acquiring other companies counting to the cap, but Tesla _being acquired_ by another company, why would that count?
- lesuorac 4mo agoBecause that's the grand plan from the start. You don't put a sentence like "In other words, upon a change in control where Tesla is acquired, vesting of milestones under the CEO Performance Award does not require the achievement of a matching Operational Milestone." if you didn't think Tesla could be acquired. The goal is to give Elon his 2012 award package but making it his 2018 one.