Tesla Will Ask Shareholders to Approve Musk Pay Package

  • 2 months ago
News from Tesla just out this morning, shareholders will be asked to approve CEO Elon Musk's 2018 pay package that has a potential worth of $55 billion. Initially, Musk received options to buy 303 million shares of Tesla at $23.34 Each as part of his pay package. It was worth $51 billion when a Delaware court threw out the pay package in January, but Tesla shares have since dropped in value, reducing the overall value to around $40 billion.