Dossier
2018 compensation package
Coverage of 2018 compensation package in the Nexus archive.
- Elon Musk loses trillionaire status as net worth drops
Elon Musk's net worth dropped, causing him to lose his trillionaire status. He sold $7.1 billion worth of Tesla shares on 16 June to cover exercise costs for stock options from his 2018 compensation package.
- Tesla drops Musk’s $29B ‘interim’ award after Delaware court restored larger pay package
Tesla has rescinded Elon Musk's $29 billion 'interim' compensation award after a Delaware court ruled in favor of restoring his 2018 pay package, valued at $56 billion. The company confirmed it will not allow Musk to receive both awards if the court's decision is upheld.