Could give staggering compensation to Tesla Elon Musk

Could give staggering compensation to Tesla Elon Musk

According to ForbesElon Musk is the second richest person in the world with an estimated fortune of $ 164.4 billion as of May 4. In April 2020, it was “only” $ 24.6 billion. And it may soon become even more important, while Elon Musk … still does not receive a salary from Tesla, of which he is CEO. But as explained ElectrekThe businessman recently released the fifth and sixth installment Attractive compensation plan Ended up with the automaker, of which he is the CEO.

Tesla generated more than $ 10 billion in revenue and EBITDA of $ 1.8 billion in the previous quarter. Enough to secure an additional $ 30 billion worth of Tesla shares Ae Elon Musk. But the latter has not yet announced whether he wants to unlock these new options, which will allow him to become the world’s richest man, ahead of Jeff Bezos, based on an estimate by Forbes of $ 192, $ 2 billion . Seeing Elon Musk dominate this ranking would be only a postponement if he prefers to wait to receive this money: the other six installments of his compensation plan should allow him to win about $ 100 billion, which Electrec Underlines.

Get justice

Tesla’s CEO intends to use this money to finance the creation of a civilization on Mars, he has already announced. Tesla shareholders have, however, filed a lawsuit against Elon Musk and Tesla alleging that they breach their fiduciary obligations by providing prosperity to the businessman with this compensation plan. The Associated Press. A Delaware judge ordered lawyers representing Tesla’s board of directors to turn over some communications Musk could share with the company’s top insider attorneys, when the board approved the plan.

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