New report reveals concerning fine print in Elon Musk's $878 billion Tesla contract: 'A totally vague formulation'

New report reveals concerning fine print in Elon Musk’s $878 billion Tesla contract: ‘A totally vague formulation’

Elon Musk’s new pay package with Tesla made headlines for its potential to make him the world’s first trillionaire. But while the company claimed such massive payment would only occur with it reaching lofty goals, a new analysis shows Musk could still reap tens of billions of dollars, even if the company misses most of…

Read More
The Cool Down

Elon Musk purchases $1 billion in Tesla shares following massive pay proposal — here’s how it’s impacting the company

Elon Musk sent Tesla shares soaring to their highest level since January after purchasing roughly $1 billion worth of the company’s stock, Bloomberg reported in mid-September. The price jump brought Tesla’s shares into positive territory for the year. The purchase represented Musk’s first acquisition of Tesla stock since February 2020, according to Bloomberg. In 2022,…

Read More
Morgan Stanley Says Elon Musk's $1 Trillion Package Is A 'Good Deal' For Tesla Investors

Morgan Stanley Says Elon Musk’s $1 Trillion Package Is A ‘Good Deal’ For Tesla Investors

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Morgan Stanley‘s investor and Tesla Inc. (NASDAQ:TSLA) bull Adam Jonas thinks CEO Elon Musk‘s new $1 trillion compensation package is positive news for the EV giant’s shareholders and investors. In a new note released for investors, Jonas said…

Read More