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Tesla halting merit-based stock awards as part of compensation: report

Por: MarketWatch Business December 20, 2023

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Earlier this week, a separate report said Tesla would give most hourly workers at its Nevada gigafactory beginning in the new year. Stock grants offered alongside salary packages have traditionally been a way for the electric-vehicle maker to stay competitive with its hires. The equity takes four years to vest, meaning workers need to stay reap those benefits, according to the Bloomberg report. MarketWatch has reached out to Tesla for comment.... + full article



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