Tesla announces a new compensation for the multimillionaire for Elon Musk in order to continue as a general director: “It is more important to save it than when”

Tesla He published his new plan on Monday to provide multimillion -dollar compensation Elon MuskTo continue as the general director of the company. Thanks to the letter to the shareholders published in X (Twitter), Robin Denholm and Kathleen Wilson-Tompson, members of the Special Committee of the Board of Directors, revealed a new package.

According to the aforementioned, “it is necessary to preserve and motivate our extraordinary talent, starting with Elon.” Thus, they argued that Tesla was on a critical turning point to continue to create value in favor of shareholders, and that they need Elon Musk or yes, to get it.

“Tohans to the Unique Vision and Leadership of Elon, Tesla Is Evolving Sincy Her Leadership in the Industries of Electric Vehicles and Renewable ENERGIES Reference in AI, Robotics and Related Services. Inspire the Team Is NEEDED. The transformation of our extraordinary company, ”says the letter.

In another fragment of the text, Denholm and Wilson-Tompson said that although they know that Elon Musk has time and interests, divided into several companies and projects. They believe that the new compensation “will prompt him to stay in Tesla”The field but not only that, because they also believe that their figure will help to include new talents in the company and save the existing ones.

What is the new compensation of Elon Musk that Tesla offers?

What the Tesla Special Committee approved is the recommendation for Elon Musk compensation with 96 million limited sharesThey are subject to a field to the magnate paying for the price $ 23.34 per share After fulfilling the period of acquisition of rights within two years.

Today, when Tesla quotes 310 US dollars, these 96 million shares Costs more than 29.7 billion dollarsThe field since Elon Musk must pay 23.34 dollars for each share, he will have to pay about $ 2,240 million. So the estimated cost of the package at the current price will be $ 27,500 million.

Of course, the final figures can be subjected to modifications in accordance with what is happening with Tesla in the stock market. This compensation is not attached to achieving the goals of Elon Musk. However, some points should be considered:

• Elon Musk will have to constantly perform in the senior senior position in Tesla, while two years of the period of acquisition of rights.
• The tycoon must fulfill the period of five years of the obligatory validity period from the moment they are provided. You can separate yourself from them only if it is covered by taxes or the price of buying them.
• Elon Musk may not have double compensation. According to the letter, if the blockade is finally deleted to the prize, which the shareholders approved in 2024, but this is paralyzed by US justice. The employer will lose this new reward or must return it.

Forando (and falsification) Elon

Recall that Tesla approved the compensation package for Elon Musk is much more burdensome. It consisted of almost 304 million shares and began to be estimated at $ 56,000 million. However, the court of Delaware blocked him. This, given that it was unfair and that the tycoon blew up his influence on the board of directors on economic registration.

This payment is still in the trial, as Tesla appealed the decision in the state of the state, and the resolution is expected. In any case, in the company they believe that the best way to motivate Elon is ADDECTED FORYRegardless of the fact that the performance of the company is far from the ideal.

It is clear that the desire of Elon Mask is to have great voting (and control) about Tesla’s future. The magnate himself said this publicly within a few times. With this compensation, the rule strives exactly to cover this demand.

“This preliminary reward is structured to gradually increase your voice rights after its concession, which, as confirmed and confirmed by shareholders, is an important factor that encourages him to remain focused on the most important work that we do here in Tesla. We believe that this is vital, and we use available tools – our capital plan – to provide this award. ”