Tesla files to deliver Elon Musk’s $56 billion pay package – ending the saga
Tesla has filed an S-8 registration statement with the SEC to register 303,960,630 shares of common stock for CEO Elon Musk under his 2018 pay package. At today’s share price of ~$376, those shares are worth over $114 billion.
The filing confirms what many expected after the Delaware Supreme Court restored the award in December: the years-long legal fight over the largest executive compensation deal in corporate history is officially over.
