Tesla granted Senior VP Tom Zhu a significant five-year retention package, consisting of 520,021 stock options valued at over $226 million, though the stock traded slightly lower, aligning with the broader market decline.
- The options, which have a strike price of $435.80, are part of a five-year retention package.
- Vesting for the package is scheduled to begin monthly starting April 5, 2027.
- TSLA was trading at $447.93, down 0.23% intraday, with no direct price impact cited from the executive news.