this post was submitted on 04 Aug 2025
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Is it good when your shares are worth 30¢ each?
I'm wondering how you got that number cause it's several orders of magnitude off the actual share price.
I'm guessing they either read two times "million" or two times "billion," and then just did 29/96
Yes thats correct.
I will leave it in place as a cautionary tale.
it's not 30 cents but Musk actually pays several magnitudes less than market share price
https://www.reuters.com/sustainability/boards-policy-regulation/tesla-approves-share-award-worth-29-billion-ceo-elon-musk-2025-08-04/