shalalakazam
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$Tesla (TSLA.US)$ $Twitter (Delisted) (TWTR.US)$ Musk was probably going to sell anyway. He has a $15 Billion tax bill coming up and as he says, "I have no money, only stock".
Musk was awarded options in 2012 as part of a compensation plan.
Because he doesn’t take a salary or cash bonus, his wealth comes from stock awards and the gains in Tesla’s share price. The 2012 award was for 22.8 Million shares at a strike price of $6.24 per share.
Tesla shares closed at $1,222.09 on Friday, meaning his profit on the shares total just under $28 billion.
If I could acquire Tesla stock at $6.24 a share, and sell at its current price of $1,222, I would be thrilled to pay the tax.
Of course, I would have to tighten my belt a bit being that after paying the tax, I would "only" have $13 Billion left.
P.S. In March 2018, Tesla’s board of directors granted him a “CEO Performance Award” of 101.3 million stock options.
Lets see, 101.3 million x $1,222 =???
To top that off, last month, in a 10 day period, the value his stock holdings went UP over $40 billion.
Musk was awarded options in 2012 as part of a compensation plan.
Because he doesn’t take a salary or cash bonus, his wealth comes from stock awards and the gains in Tesla’s share price. The 2012 award was for 22.8 Million shares at a strike price of $6.24 per share.
Tesla shares closed at $1,222.09 on Friday, meaning his profit on the shares total just under $28 billion.
If I could acquire Tesla stock at $6.24 a share, and sell at its current price of $1,222, I would be thrilled to pay the tax.
Of course, I would have to tighten my belt a bit being that after paying the tax, I would "only" have $13 Billion left.
P.S. In March 2018, Tesla’s board of directors granted him a “CEO Performance Award” of 101.3 million stock options.
Lets see, 101.3 million x $1,222 =???
To top that off, last month, in a 10 day period, the value his stock holdings went UP over $40 billion.
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$Ethereum (ETH.CC)$
how do u buy eth in this platform? the trade button doesn't appear
how do u buy eth in this platform? the trade button doesn't appear
2
shalalakazam
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$SGX (S68.SG)$ stable dollar!
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