Remove 2018 Remove EBITDA Remove Equity Remove Market Capitalization
article thumbnail

Chancery Invalidates Elon Musk’s $55.8 Billion Equity Compensation Package

Harvard Corporate Governance

1] The plaintiff-stockholders alleged that Tesla’s directors breached their fiduciary duties by awarding Musk performance-based stock options in January 2018 with a potential $55.8 A February 8, 2018 proxy statement (the “Proxy”) notified stockholders of a vote on the Grant, which was held on March 21, 2018. Tornetta et al.

Equity 225
article thumbnail

Tornetta v. Musk: Post-Trial Opinion

Harvard Corporate Governance

s directors breached their fiduciary duties by awarding Elon Musk a performance-based equity-compensation plan. The plan offers Musk the opportunity to secure 12 total tranches of options, each representing 1% of Tesla’s total outstanding shares as of January 21, 2018. He claims that Tesla, Inc.’s

EBITDA 337
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Is BP’s new strategy – full focus on profits – viable in the long term?

Valutico

In early 2018 the company traded at GBP 4.7 (USD by using the Discounted Cash Flow method, specifically our Flow-to-Equity approach, as well as a Trading Comparables analysis. The Flow-to-Equity analysis produced a value of GBP 102 (USD 123) billion using a Cost of Equity of 7.7%. billion to the bottom line by 2030.

article thumbnail

Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

The effect of impact investing in the inclusionary and exclusionary paths is through the stock price , with the buying (selling) in inclusionary (exclusionary) investing pushing stock prices up (down), which, in turn, decreases (increases) the costs of equity and capital at these firms. in the 1998-2010 time period to 5.95

article thumbnail

META Lesson 3: Tell me a story!

Musings on Markets

In this post, I want to focus on that point, starting with a discussion of why stories matter to investors and traders and the story that propelled the company to a trillion-dollar market capitalization not that long ago. Obviously, at today's price of just over $100/share, it should be time for regrets, but I have none.

article thumbnail

The Sharing Economy come home: The IPO of Airbnb!

Musings on Markets

In the table below, I list out the value of equity in Airbnb for variants of gross booking growth and operating margins: Rather than view this table as anything goes, I would use it to make break even assessments, given what Airbnb trades at. The other is the target operating margin, in 2031, with higher margins translating into higher value.