X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Joseph E. Bachelder III

On Jan. 21, 2018, Tesla, the electric car manufacturer (also in the business of sustainable energy generation and storage), granted its chairman and chief executive officer, Elon Musk, an option, subject to shareholders’ approval, to acquire 20,264,042 shares of Tesla (representing 12 percent of the then outstanding shares). Tesla’s shares are traded on NASDAQ. As of the grant date of the option, the market cap of Tesla was approximately $59 billion.

This premium content is locked for
New York Law Journal subscribers only.

*May exclude premium content
Already have an account?
Interested in customizing your subscription with Law.com All Access?
Contact our Sales Professionals at 1-855-808-4530 or send an email to groupsales@alm.com to learn more.

Lean Adviser Legal

Think Lean Daily Message

"Law firms are rightly afraid of having their bills challenged or, worse still, being sued by clients. They also have numerous safety related processes. These include client vetting, conflict checks, and of course training and supervision of lawyers. But the ultimate safety measure is doing the work effectively, efficiently, and transparently."

Learn More

 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2018 ALM Media Properties, LLC. All Rights Reserved.