Re:Neuralink 'Participant 1' Noland Arbaugh says his whole l...
by sokoloff on Wednesday August 27, 2025 @12:34PM
(#45041884)
> Do you have a source for this?
At the time of the original pay package award (3/21/2018), with primary performance conditions being the growth of Tesla market cap (making money for Tesla shareholders), Tesla had a market cap of $53.5B.
At the time the lawsuit against Musk set aside that pay package in January 2024, Tesla's market cap had expanded under Musk's leadership to around $600B.
$600B - $55B = $545 billion in market cap increase (making money for shareholders), which dwarfs both the $29B he agreed to take as well as the larger amount he would have been due under the 2018 agreement.
At the time of the original pay package award (3/21/2018), with primary performance conditions being the growth of Tesla market cap (making money for Tesla shareholders), Tesla had a market cap of $53.5B.
At the time the lawsuit against Musk set aside that pay package in January 2024, Tesla's market cap had expanded under Musk's leadership to around $600B.
$600B - $55B = $545 billion in market cap increase (making money for shareholders), which dwarfs both the $29B he agreed to take as well as the larger amount he would have been due under the 2018 agreement.