Reported 11 months ago
If Tesla shareholders support the revival of Elon Musk’s 2018 pay package, it could cost the company over $25 billion, far surpassing the originally reported amount. While Tesla argues that reinstating the pay package won't incur additional expenses as the original award cost was already booked, others suggest that court rulings and stock value increases could lead to significant accounting charges. Shareholders are urged to consider the potential financial implications of the reapproval vote at Tesla’s annual meeting this week.
Source: YAHOO