Musk Secures $116 Billion Compensation Package

06/20 11:10

On June 20, according to a new filing by the U.S. Securities and Exchange Commission (SEC), Musk has exercised all rights under his 2018 Tesla CEO compensation plan, acquiring 304 million shares of stock, with a paper gain of approximately $116 billion (about 780 billion yuan). However, these shares will be locked until 2028, at which point Musk will be able to sell them.
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