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Stockreport

Musk wins appeal and restores 2018 Tesla pay deal worth $56 billion [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Delaware Supreme Court on Friday, two years after a lower court struck ?down the compensation deal as "unfathomable." The ruling overturns a decision that had prompted a furious backlash from ?Musk and damaged Delaware 's business-friendly reputation. The pay package was by far the largest ever until Tesla shareholders approved a new, even larger pay plan ?in November. The ruling means that Musk can finally get paid for his work since 2018, when he transformed Tesla from a struggling startup to one of the world's most valuable companies. The 2018 pay deal provided Musk options to acquire about 304 million Tesla shares at a deeply discounted price if the company hit various milestones, which it did. Tesla ?estimated in 2018 that the plan was ?potentially worth $56 billion, although given the rise in the stock price, the value ballooned to around $120 billion by early November. The options represent around 9% of Tesla's outstanding stock. Musk ?never collected his stock option [Read more]
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Musk wins appeal and restores 2018 Tesla pay deal worth $56 billion [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Delaware Supreme Court on Friday, two years after a lower court struck ?down the compensation deal as "unfathomable." The ruling overturns a decision that had prompted a furious backlash from ?Musk and damaged Delaware 's business-friendly reputation. The pay package was by far the largest ever until Tesla shareholders approved a new, even larger pay plan ?in November. The ruling means that Musk can finally get paid for his work since 2018, when he transformed Tesla from a struggling startup to one of the world's most valuable companies. The 2018 pay deal provided Musk options to acquire about 304 million Tesla shares at a deeply discounted price if the company hit various milestones, which it did. Tesla ?estimated in 2018 that the plan was ?potentially worth $56 billion, although given the rise in the stock price, the value ballooned to around $120 billion by early November. The options represent around 9% of Tesla's outstanding stock. Musk ?never collected his stock option [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS