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What is Elon Musk currently doing?

Asked 13 hours ago

Answer

Elon Musk is focusing on Tesla after receiving a $30 billion stock award, with a requirement to remain CEO for two years for the shares to vest. The board emphasizes his importance to the company despite his involvement in other ventures.

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Bloomberg

Tesla gives Elon Musk $30 billion stock award

Bloomberg ยท Current
Bloomberg
Bloomberg
Current
  • Tesla's board has approved a $30 billion stock award for CEO Elon Musk.
  • The board highlights Musk's role in attracting and retaining top talent. 16s
  • Musk must serve a full two-year term for the 96 million shares to vest. 38s
  • The exercise price for the shares is $23.34, while the current share price is over $300. 46s
  • A vote on a longer-term compensation package is scheduled for the annual shareholder meeting. 59s
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References

Tesla gives Elon Musk $30 billion stock award
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Bloomberg
1 day ago
Tesla gives Elon Musk $30 billion stock award

Shareholders want Elon Musk's attention on Tesla, and the board has approved a $30 billion stock award to keep him focused on the company.

Tesla gives Elon Musk $30 billion stock award
Icon
Bloomberg
1 day ago
Tesla gives Elon Musk $30 billion stock award

The board acknowledges Musk's other interests but believes this package will keep him focused on Tesla.

Tesla gives Elon Musk $30 billion stock award
Icon
Bloomberg
1 day ago
Tesla gives Elon Musk $30 billion stock award

Musk must serve a full two-year term as CEO for the 96 million shares to vest.

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