The plan suggested by the Board of Directors includes phased payment of a mask in the form of company sharing.
Board of Directors Tesla Inc. He suggested that the shareholders of the company approve the new package of the chief executive director of Ilon Mask, which rewarded $ 1 trillion in ten years. This is stated in Tesla.
The plan proposed by the Board of Directors includes phased mask payment in the form of company shares in case some guidelines for both capitalization size and operations.
The maximum payment is offered if the company reached $ 8.5 trillion by 2035 and an increase in the Subject EBITDA to $ 400 billion. In this case, the mask will receive about 12% of Tesla sharing $ 1.03 trillion.
According to the chairman of the company’s directors of the company Robin Denholm, “Ilon’s maintenance to the company and his promotion is primarily for Tesla to be the most expensive company in history.”
The mask will get the first salaries tranche from a new package only when capital capitalization reaches $ 2 trillion and one of the conditions of operating dynamics will be fulfilled. For example, when an annual sale of electrical vehicles reaches 20 million units or adjusted EBITDA increases to $ 50 billion.
Taking access to each other in the next salary tranche is associated with increasing Tesla’s capitalization of $ 500 billion.
The collection of shareholders on which these and other issues will be considered as scheduled for November 6.
Remember that the Tesla Board of Directors approved the allocation of 96 million distributors to the amount of nearly $ 30 billion in the framework of a new payment agreement.
It was also reported that Elon Musk and Tesla were in the midst of a collective court claim – shareholders accused the Company of Securities Fraud for inaccurate statements about uninterrupted cars, in particular Robotaxi service.
News from CORRESPONDENT.NET On the telegram and whatsapp. Subscribe to our channels https://t.me/KorresPondentNet and WhatsApp
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.