"NIO, XPEV, LI, BYD.. China's Quads Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : "NIO, XPEV, LI, BYD.. China's Quads

BYDDF 13.55

-0.7%

Oct 28 3:59 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: Julius Wong	8/4/2025 9:47:59 AM
	of 2776

Tesla approves a restricted stock award to Elon Musk of 96 million shares Aug. 04, 2025 6:59 AM ET By: Clark Schultz, SA News Editor Tesla (NASDAQ: TSLA) rallied in early trading after the company disclosed that it approved an interim stock award of 96 million shares for Chief Executive Officer Elon Musk. The 2025 CEO Interim Award will vest upon the second anniversary of August 3, 2025, subject to Musk remaining in continuous service as CEO or as an executive officer responsible for product development or operations. Musk must pay the company $23.34 per share of restricted stock that vests, which is equal to the exercise price per share of the 2018 CEO Award. The terms of the award indicate that Musk cannot sell, transfer, or dispose of the shares covered by the 2025 CEO Interim Award until after the fifth anniversary of the grant, except to satisfy taxes owed. "To recognize what Elon has accomplished and the extraordinary value he delivered to Tesla and our shareholders, we believe we must take action to honor the bargain that was struck in 2018. After all, a deal is a deal," read Tesla's (NASDAQ: TSLA) SEC filing. The CEO compensation package will be placed before a shareholder vote at the company's annual meeting on November 6. The interim stock award comes after a prior compensation package valued exceeding $50 billion was struck down by a judge in a decision that is being appealed to the Delaware Supreme Court.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next