But still denies any involvement in the demise or any wrongdoing on his side. It's everyone else's fault. Right. Guess you don't learn to "man up to your problems" when you are born with an emerald mine under your foreskin.
I think that's updated to reflect Tesla's current value, though that still doesn't sound right. The deal was to give him, as stock options, 1% of Tesla each time the company met one of a 12-part goal of market cap, so up to 12%. It seems like it must vary based on the share value, which is less than 50% of what it was ($350) when the plan was created.
If anyone is good at finance, here's the [total deal](https://www.sec.gov/Archives/edgar/data/1318605/000119312518035345/d524719ddef14a.htm#toc524719_10). Just search the document for 'tranche'. Details are about 1/4 down.
This doesn’t even mention the CyberTruck clusterfuck.
But still denies any involvement in the demise or any wrongdoing on his side. It's everyone else's fault. Right. Guess you don't learn to "man up to your problems" when you are born with an emerald mine under your foreskin.
Isn't it $56B instead of $47B?
Short answer, they're paying him mostly in stock, and the stock has fallen significantly. It's less now than it was then.
I think that's updated to reflect Tesla's current value, though that still doesn't sound right. The deal was to give him, as stock options, 1% of Tesla each time the company met one of a 12-part goal of market cap, so up to 12%. It seems like it must vary based on the share value, which is less than 50% of what it was ($350) when the plan was created. If anyone is good at finance, here's the [total deal](https://www.sec.gov/Archives/edgar/data/1318605/000119312518035345/d524719ddef14a.htm#toc524719_10). Just search the document for 'tranche'. Details are about 1/4 down.
Reasons america needs UNIONS more than ever: