Elon Musk Demands Proof of Value for X Employee Stock Grants
Employees at X must submit reports detailing their contributions to qualify for stock options, amid delays and high expectations.
- Staff must provide a one-page summary of their contributions to receive stock grants.
- The policy follows delays in the promotions process and unfulfilled promises of regular stock cash-outs.
- Musk's stringent management style includes long hours and a return to in-office work.
- X employees are still awaiting their annual equity refresher, originally due in April.
- The company's valuation has dropped significantly since Musk's acquisition.