Shareholders of Tesla Inc. (NASDAQ: TSLA) approved a compensation plan for CEO Elon Musk back in 2018 that may complicate future inclusion in the S&P 500.What Happened: The Wall Street Journal recently reported that Tesla could be disqualified for a long time from S&P 500 inclusion as the accounting of Musk’s payday hurts the company’s profits. Tesla shares have fallen after not being included in the S&P 500. Why It’s Important: The 2018 compensation plan tied Musk’s earnings to the performance of Tesla’s financials and stock performance. Musk is eligible for twelve payments tied to the market capitalization, revenue, and …read more
Source:: Yahoo Finance
