A rare opportunity! Elon Musk promises X shares to employees, but with conditions

Saham News - Posted on 26 August 2024 Reading time 5 minutes

DIGIVESTASI - Elon Musk plans to grant company shares to employees at X, but with specific conditions that must be met. According to a report from The Verge, cited by Forbes on Monday (August 26, 2024), employees who wish to receive these shares are required to submit a one-page report detailing their contributions to the company.

 

This stock grant comes amid delays in employee promotions at X. Musk intends to distribute the shares to his employees gradually over time.

This approach is not new for Musk, who has previously provided stock grants to employees at SpaceX. Since Musk acquired X, the work intensity for employees at the company has reportedly increased significantly.

 

According to The Washington Post, Musk communicated via email to employees that the company would operate at a high intensity, requiring staff to work longer hours. Additionally, Musk closely monitors employee attendance as the company has discontinued its work-from-home (WFH) policy, now requiring employees to work in the office.


Find more news and articles on Google News

Source: detik.com

What do you think about this topic? Tell us what you think. Don't forget to follow Digivestasi's Instagram, TikTok, Youtube accounts to keep you updated with the latest information about economics, finance, digital technology and digital asset investment.

 

DISCLAIMER

All information contained on our website is summarized from reliable sources and published in good faith and for the purpose of providing general information only. Any action taken by readers on information from this site is their own responsibility.