Elon Musk to Introduce Stock Option Grants for Tesla's High-Performing Employees

Jun 18, 2024, 08:32 AM

Tesla CEO Elon Musk is planning to introduce stock option grants for high-performing employees. According to various reports, including Reuters, Musk has communicated to employees via email that the company will develop a new stock-based compensation program. Over the next few weeks, Tesla will conduct a comprehensive review to provide these grants for exceptional performance. This initiative aims to reward high-performers and will include an ongoing program to award stock options.