What Can Elon Musk Buy With His Gigantic Tesla Pay Package?

Tesla News

What Can Elon Musk Buy With His Gigantic Tesla Pay Package?
Elon Musk
  • 📰 thedailybeast
  • ⏱ Reading Time:
  • 25 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 63%

Turns out you can do quite a lot with $48 billion.

shareholders overwhelmingly approved his corporate pay package. The exact amount it is worth moves with the stock price. On Thursday afternoon the Associated Press. Musk could still face a drawn-out legal battle before his all-stock compensation deal becomes a reality, but more than 70 percent of the electric auto company’s shareholders voted in support of the record remuneration plan.on Thursday. He later emphasized that his deal is company stock which he has to own for five years.

The total value of Musk’s pay package will therefore fluctuate in line with Tesla’s share price. But just for the hell of it, let’s assume Musk could convert it all, right now, into cold hard moolah and go on a spending spree of truly unfathomable proportions. What, exactly, could his $44.9 billion buy?” is going for the bargain price of $195 million, meaning Musk would have enough for a whole portfolio of wildly exclusive city real estate if private islands aren’t his thing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

thedailybeast /  🏆 307. in US

Elon Musk

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

The Inconvenient Truth About Elon Musk’s New Love Affair With TrumpThe Inconvenient Truth About Elon Musk’s New Love Affair With Trump2014 Elon Musk would have hated 2024 Elon Musk.
Read more »

Maye Musk Pokes Fun at Son Elon Musk’s Signature StyleMaye Musk Pokes Fun at Son Elon Musk’s Signature Style Maye Musk exclusively opened up to Us Weekly about giving son Elon Musk style advice at the 2024 Sports Illustrated Swimsuit launch party 
Read more »

Tesla shareholders re-approve Elon Musk’s 2018 pay package, Musk saysTesla shareholders re-approve Elon Musk’s 2018 pay package, Musk saysInvestors and Musk’s supporters, including X CEO Linda Yaccarino, applauded the results. The tally will be finalized at a shareholder meeting later Thursday.
Read more »

Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon MuskFired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon MuskEight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment, a hostile “Animal House”-style work environment at the company and Musk's role in creating that atmosphere.
Read more »

Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon MuskFired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon MuskEight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment, a hostile “Animal House”-style work environment at the company and Musk's role in creating that atmosphere.
Read more »

Fired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon MuskFired SpaceX employees sue the company for wrongfully terminating critics of CEO Elon MuskEight former employees sued SpaceX and its CEO Elon Musk, alleging that Musk ordered them fired after they challenged what they called rampant sexual harassment, a hostile “Animal House”-style work environment at the company and Musk's role in creating that atmosphere.
Read more »



Render Time: 2025-02-24 04:17:57