"According to a Form 4 filing with the U.S. Securities and Exchange Commission, Tom Zhu received 520,021 stock options with an exercise price of $435.80 per share. Since the award will not fully vest until March 5, 2031, Zhu must remain at Tesla for more than five years to realize the award's full benefit. Considering that Tesla shares are currently trading at around the $445 to $450 per share level, Zhu will really only see gains in his equity award if Tesla's stock price sees a notable rise over the years, as noted in a Sina Finance report."
"Still, even at today's prices, Zhu's stock award is already worth over $230 million. If Tesla reaches the market cap targets set forth in Elon Musk's 2025 CEO Performance Award, Zhu would become a billionaire from this equity award alone."
"Zhu joined Tesla in April 2014 and initially led the company's Supercharger rollout in China. Later that year, he assumed the leadership of Tesla's China business, where he played a central role in Tesla's localization efforts, including expanding retail and service networks, and later, overseeing the development of Gigafactory Shanghai."
A Form 4 filing with the U.S. Securities and Exchange Commission shows Tom Zhu received 520,021 Tesla stock options with an exercise price of $435.80 per share. The options will not fully vest until March 5, 2031, requiring more than five additional years of service for full benefit. Tesla shares are trading around $445–$450, so realized gains depend on a notable share-price rise. The award is worth over $230 million at current prices. If Tesla meets the market-cap targets in Elon Musk's 2025 CEO Performance Award, the options could make Zhu a billionaire. Zhu joined Tesla in April 2014 and led major China operations including Gigafactory Shanghai.
Read at TESLARATI
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