Jade Darsheimmer of William Blair Energy and Power Technologies Group discussed what to see after the Tesla earnings call and more on Claiman Countdown.
On Monday, Tesla provides CEO Elon Musk A new $ 29 billion payment deal is aimed at keeping the billionaire entrepreneur on the hull, the company has made pivotes from its struggling electric vehicle business to robotaxis and humanoid robots.
The company described the “interim award” of 96 million new shares as a “good trust” payment, which was to honor the salary package of more than $ 50 billion from 2018, killed by a Delaware Court last year.
Under the terms of the award, Musk can claim shares if he lives Top Executive in Tesla For another two years and a court does not re -establish the 2018 package which is currently subject to the appeal.
Musk also has to hold shares for five years and buy them for $ 23.34 per share, which is similar to the exercise price of their 2018 award.
Teslas continued to be vandalizing despite the result of CEO Elon Musk with the White House
Tesla CEO Elon Musk’s 2018 pay package, which is more than $ 50 billion, is currently the subject of an ongoing legal battle. (Jamie Calter Davis / Bloomberg Getty Image / Getty Image)
Tesla is also planning to extend a long period CEO compensation Plan on your annual investor meeting on 6 November.
The move is focused on Kasturi, Tesla’s public face and the architect of its robotaxi strategy, EV Maker As it passes through a strategic axis.
It also comes in the midst of speculation that the patience of the Tesla board with musk may be diluted with the political activism of the billionaire and the time working with the time. Trump administration,
Musk gave $ 15m to support Trump, Republican called Republican, weeks after partition of White House
| Langer | Security | Last | Change | Change % |
|---|---|---|---|---|
| TSLA | Tesla Inc. | 309.26 | +6.63 |
+2.19% |
Sales are falling in the company between a difficult competitive landscape and a stable vehicle lineup.
Musk’s political participation and their broad trading empire – including artificial intelligence Startup XAI and Space Exploration Firm SpaceX – has also inspired concerns about their attention on Tesla, which is the main source of their wealth. He has threatened to leave the company until he gets much control over Tesla.
Elon Musk collaborate who worked on Dogi
The role of Elon Musk in Trump administration staged a protest against Tesla. (Win McNamee / Getty Image / Getty Image)
With the new Stock Award, Musk’s stake in Tesla will increase by 12.7%from its current level, the largest in stockholders, up to 15%, according to the calculation of the Reuters based on data compiled by LSEG.
The move to give Kasturi a more important control of the company’s board still sees it as the most favorable leader to resolve the challenges of the company in the coming years.
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Prior to Monday’s grant, Musk had no active compensation scheme, and Tesla said that he had not received meaningful salary since 2017.
The board said with that Legal battle The 2018 package is expected to continue, the interim award is a means of maintaining the “extraordinary talent” of Musk.
Reuters contributed to this report.
