What happens to TSLA earnings if 56 billion to Elon?
Posted: May 17, 2024
- Vote on June 13 regarding a $56 billion pay to Elon Musk - Scenario A: Shareholders vote yes, TSLA earnings go down by $56 billion - Scenario B: Shareholders vote no, TSLA stock may drop or face Elon Musk backlash - Interested in alternative scenarios where stock price isn't impacted - June 13 vote may have more impact than an earnings report
Summarized top reddit comments: - Elon Musk's $56 billion pay package is in the form of options to buy 303 million split-adjusted shares of Tesla - If Musk does not sell or exercise the options, they will expire - Shareholders may potentially sue if Musk receives the pay package despite a no vote - Musk's pay package will not directly impact Tesla's balance sheet or stock price, but it could influence investor sentiment - Musk will only receive the full $56 billion if he meets specific milestones to increase Tesla's value - Musk's involvement in other ventures like SpaceX may increase if he holds a significant percentage of Tesla, potentially boosting the company's stock price in the future.
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