(Bloomberg) – Tesla Inc. No. The stock shock this week was not enough to stem Elon Musk’s unlikely payout, which now stands at ag ag.8 billion.
On Friday, Musk cleared the final threshold for the third round of its Moonshot Awards, given Tesla’s financial and market value. The award comes amid the worst week for an automaker’s stock since July. Maker Tomaker’s share price ended a three-day route on Friday afternoon with a rally that saw the company’s market capitalization fall nearly લગભગ 90 billion from its all-time high on Monday.
That means another 4.44 million stock options will be at its disposal, adding to the 1.9.9 million unlocked in May and July, adjusting to the firm’s most recent – For-1 stock split. Collectively, if they use it and sell the shares immediately they will blow it wind of millionaire dollars.
The latest amount of about $ 4.5 billion, after calculating the cost of using the options, is more reminiscent of the loans collected by hedge fund managers in years of rare blows than the $ 15-million-a-year packages given to S&P in particular. 500 Chief Executive Officer.
But Tesla has always made its way with Musk’s return, promising a massive payoff to the CEO if certain goals are achieved. And investors have gone along as well. Some have argued that if the company meets those targets, Kasturi’s return will not matter because shareholders will also take a fabulous return.
In contrast, Tesla’s average employee received a salary and benefits of 58 58,455 last year. The company said in a regulatory filing that an equity award is available to all its employees.
Shares in California-based company Fremont have more than quadrupled this year. Its market value is just over $ 80 billion, which is much higher despite producing far fewer vehicles than its global competitors. According to the Bloomberg Billionaire Index, the rise – and stock options – has helped Musk’s net worth rise to 6 68.66 billion, making him the fourth richest man on the planet.
Tesla’s latest revolution unlocked after the market value of both the 6-month and 30-day moving averages exceeded 200 200 billion. Another performance goal – a combined 3 3 billion adjusted earnings before interest, taxes, depreciation and or redemption – to enter 3 3 billion in four quarters – achieved by June 30, a filing show.
(Updates option value and change in market value of the company for closing price)
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