Tesla board calls June 13 shareholder vote on Musk’s pay and move to Texas.

  • slazer2au@lemmy.world
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    3 months ago

    I have a quick read of the executive compensation in the latest filings and according to the independent board members who make up the compensation committee Tecoking of Tesla and CEO ( no seriously that is his title in the listing) has achieved all the Revenue and Adjusted EBITDA milestones for the 2018 package and should be awarded the 303 million shares at $23 a share.

    He also does the executive bullshit thing of not drawing a regular salary from the company so his only pay is stocks.

    I agree that there are other staff who are far more deserving of those stock options