Tesla Adjusts Stock Option Grant Strategy: Based on Employee Expected Contributions
Publication Time:2024-08-26 19:41:07
Tesla Company has sent an email to its employees announcing that it will adjust the stock option grant strategy, which will take into account the expected contributions and impacts of employees. To ensure fair distribution, employees need to submit a one-page document outlining their contributions to the company. This move marks Tesla's attempt to more accurately assess employee value and provide corresponding rewards. In addition, the company revealed that the annual equity update currently owed to employees, originally scheduled for April, has yet to be fulfilled. It is worth noting that Musk had previously promised employees similar stock vesting opportunities as SpaceX, meaning regular stock vesting, but this promise has not been fulfilled to date.
Tesla
stock options
employee contributions
expected impact