Tesla is awarding CEO Elon Musk 96 million shares of restricted stock valued at approximately $29 billion, just six months after a judge ordered the company to revoke his massive pay package.
The electric vehicle maker said in a regulatory filing on Monday that Musk must first pay Tesla $23.34 per share of restricted stock that vests, which is equal to the exercise price per share of the 2018 pay package that was awarded to the company’s CEO.
I’m imaging them gathered around him singing “For He’s A Jolly Good Fellow” and raising their glasses to him, before presenting him with an oversized stock certificate
You had it half right they did gather around him, but each one of them sucked him off.