Tesla CEO Elon Musk officially unlocked the first tranche of a multi-step compensation package, spelling out a potential payday of almost $775 million for the controversial executive. This permits the CEO to purchase almost 1.7 million shares of Tesla at a pre-set price of $350.02 per share, a total cost of $595 million to be paid by Musk.
The compensation package for Musk, who founded Tesla and built it into the leading electric auto maker, is being challenged in court by a shareholder who accuses the board of having failed in its duties. Should the company's market cap skyrocket to $650 billion, around 3.8 times the value of Toyota, Musk could walk away with incentives worth around $50 billion.
Musk still has eight years left to clear 11 more valuation hurdles, mostly in $50 billion increments, which would fetch him roughly $5 billion each.
Musk already owns 18.5 percent of Tesla, a stake valued at more than $24 billion, according to FactSet.
The South Africa-born billionaire does not take a salary from Tesla, and only earns money through performance-based rewards.
Musk is also the CEO of Space Exploration Technologies, or SpaceX, which is poised to fly NASA astronauts on one of its rockets to the International Space Station on Saturday in a milestone achievement for the company.
Rescued migrants sit on a coast some 100 kilometers (60 miles) east of Tripoli, Libya, Thursday, July 25, 2019. Several thousand migrants from sub-Saharan Africa and Asia are stranded in Libya in horrifying conditions.
Their temperature will probably be taken on arrival to Cyprus and a few random testing might happen for gratis to the traveler. Often disinfected sunbeds will probably be two meters (6.5 ft) aside for folks not belonging to the identical journey group.
The Buckeyes have also started to make headway in its 2022 recruiting class which holds three commits, second only to LSU. Recruiting doesn't stop, however, as calls, texts, and various other forms of virtual contact are still allowed.
Anyone with concerns about exposure who appears at any of Ontario's 129 assessment centres will be provided with a test. Anyone concerned that they may have been exposed to COVID-19 can now get tested, whether or not they have symptoms.
Toutefois, par rapport au nombre d'habitants (330 millions), le bilan est inférieur à celui de plusieurs pays en Europe. Le coronavirus a causé plus de 350 000 décès et infecté plus de 5,6 millions de personnes dans le monde.
The ministry said that further countries could be added before July 1 when the country's regional airports also reopen. The plans from Greece come as parts of Europe are starting to slowly ease lockdowns and restrictions.
Currently, the Blazers are 3.5 games behind the Ja Morant-led Grizzlies for the final playoff spot in the West. Memphis beat the Lakers this year. "And if we start playing, I'll be ready to play", Lillard said.
We had lots of communication before we got together in person and it was something I mentioned to them. Arsenal's Mikel Arteta was the first Premier League manager to test positive for COVID-19 in March.
Scott Disick and Sofia Richie split after 3 years
Scott spent his birthday with Kourtney and his three kids in Utah. [It] Drives me wild when individuals act like they know. Kourtney says that Sofia is a nice and wonderful girl and that she is happy about their relationship.