Instead, he receives stock options based on the company hitting certain financial and market value targets. So he’s already received 59 million of the 101 million options in that package. Sinking stockThe biggest problem for Musk is that Tesla shares are having a particularly bad year. He owns 177.7 million shares, in addition to the options he already holds to buy an additional 59 million shares. “As you’re seeing investors heading for the hills on risk, Tesla shares are caught in storm,” said Ives.

Source: CNN January 25, 2022 17:30 UTC