9.75070692624328E-05 0.000227516494945861 0.00055254005915434 0.0011050801183085 0.00984821399551459 0.0227191471381675 0.0309747456690609 0.0317518770110832
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Stockreport

Tesla writes a US$29 billion cheque to keep Musk behind the wheel [Wealth Professional (Canada)]

Tesla, Inc. (TSLA)  More Company Research Source: Wealth Professional
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla has granted Elon Musk 96 million restricted shares worth about US$29bn in an effort to retain its CEO amid a series of legal, operational, and reputational challenges. The company said the award aims to keep Musk “focused” on Tesla despite growing involvement in other ventures, as reported by BNN Bloomberg This move follows a Delaware court's decision to revoke Musk's 2018 compensation package—initially valued at US$56bn—for the second time. As per court records cited by CNBC , Delaware Chancellor Kathaleen McCormick found that Musk had orchestrated the plan through sham negotiations with non-independent board members. Tesla has appealed the ruling, which is now before the state Supreme Court. In the meantime, Tesla said in a regulatory filing that the new award will vest in two years, contingent on Musk remaining as CEO or holding another key executive role. However, Musk must pay US$23.34 per share—matching the exercise price from the disputed 2018 plan. The award [Read more]
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Stockreport

Tesla writes a US$29 billion cheque to keep Musk behind the wheel [Wealth Professional (Canada)]

Tesla, Inc.  (TSLA) 
More Company Research Source: Wealth Professional
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Tesla has granted Elon Musk 96 million restricted shares worth about US$29bn in an effort to retain its CEO amid a series of legal, operational, and reputational challenges. The company said the award aims to keep Musk “focused” on Tesla despite growing involvement in other ventures, as reported by BNN Bloomberg This move follows a Delaware court's decision to revoke Musk's 2018 compensation package—initially valued at US$56bn—for the second time. As per court records cited by CNBC , Delaware Chancellor Kathaleen McCormick found that Musk had orchestrated the plan through sham negotiations with non-independent board members. Tesla has appealed the ruling, which is now before the state Supreme Court. In the meantime, Tesla said in a regulatory filing that the new award will vest in two years, contingent on Musk remaining as CEO or holding another key executive role. However, Musk must pay US$23.34 per share—matching the exercise price from the disputed 2018 plan. The award [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