Re:Elon Musk's $55B Tesla Pay Package Voided by Judge
by xcv123 on Wednesday January 31, 2024 @12:51PM
(#39206963)
You misunderstand. Musk received equity (shares), not profit. Under his leadership the value of those shares reached $50B.
Tesla's market cap grew from $40B in 2019 to $1.2 Trillion at its peak in 2021. Now it's at $600B today. That is the total value of all Tesla shares which is now 15 times more valuable than it was in 2019. https://companiesmarketcap.com/tesla/marketcap/
Tesla's market cap grew from $40B in 2019 to $1.2 Trillion at its peak in 2021. Now it's at $600B today. That is the total value of all Tesla shares which is now 15 times more valuable than it was in 2019. https://companiesmarketcap.com/tesla/marketcap/