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A comment on Tesla conducting more layoffs, including entire Supercharger team. Parent comment

Re:Tesla conducting more layoffs, including entire Superchar... by leereeves on Tuesday April 30, 2024 @03:34PM (#40215269)
It's not a cash payout. It's a stock grant that was worth a lot less when it was originally authorized.

It's a weird situation. It sounds like an unconscionable amount now only because of Musk's success in raising the stock value. Like he's being paid too much because he was too successful.

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Re:Tesla conducting more layoffs, including entire Superchar... by remus on Wednesday May 01, 2024 @09:54AM (#40223281)
The size of the payout was linked to stock growth targets, so when the pay deal was agreed it would have been clear it would be worth a massive amount if the stock growth targets were hit.
[ Parent | on HN ]