Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Greg Abel Begins Making His Mark As Warren Buffett’s Successor

    July 27, 2026

    How to Keep a Travel Journal

    July 27, 2026

    Dylan Mulvaney Responds After Trump Bashes Kaitlan Collins

    July 27, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Greg Abel Begins Making His Mark As Warren Buffett’s Successor
    • How to Keep a Travel Journal
    • Dylan Mulvaney Responds After Trump Bashes Kaitlan Collins
    • Here’s the tech stock to buy in a market losing patience with tech
    • Sooryavanshi praised by Laxman after teen stars against Zimbabwe in T20 | Cricket News
    • Usher Boots Fan off Stage After Rejecting Seductive Dance
    • SmartFi targets forward loan officers to grow reverse mortgages
    • Big Tech Is Giving Voluntary Buyouts a Second Look. Here’s Why.
    Facebook X (Twitter) Instagram
    Industry Movement
    • Home
    • Entertainment
    • Business
    • News
    • Real Estate
    Industry Movement
    Home»Business»Elon Musk Tells X Staff to Prove They Deserve Stock Options: Report
    Business

    Elon Musk Tells X Staff to Prove They Deserve Stock Options: Report

    adminBy adminAugust 26, 2024No Comments1 Views
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Now, he’s reportedly making them explain why they should be given their stock options.

    In an email sent to staff, reported by The Verge, Musk reportedly said that the company would reward stock options based on employee impact and that workers would need to submit a one-page summary of their contributions to X to get them.

    One source also told The Verge that employees were still waiting for their annual equity refresher, which was expected in April.

    It comes nearly two years after Musk gave staff at the company a famous ultimatum.

    In a late-night email, the billionaire told employees they would need to work “long hours at a high intensity” and be “extremely hardcore” and that those unwilling to do so should quit.

    Around half the company took the second option, and those that remained have seen Musk keep his word.

    Former employees who worked under the Tesla CEO at X have talked about being forced to sleep in the office to meet “impossible” deadlines. Musk has also shared images on X of engineers working late into the night.

    Other employees reportedly joked that they had to monitor spiking heart rates on their Apple Watches amid the rollout of Musk’s X paid subscription service.

    X is now planning to relocate its HQ to Texas and close its San Francisco office, although X CEO Linda Yaccarino told employees the company would still have a presence in the Bay Area through a space shared with xAI in Palo Alto.

    Former Uber and Skype engineer Gergely Orosz described X as “the definition of a ruthless workplace” in a post on the site.

    “Push people working there to the max with expectations above most (all?) other tech companies… but STILL make these people prove they deserve market comp. Just wow,” he wrote in response to The Verge’s report.

    X did not respond to a request for comment, sent outside normal working hours.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    admin

    Related Posts

    Greg Abel Begins Making His Mark As Warren Buffett’s Successor

    July 27, 2026

    Here’s the tech stock to buy in a market losing patience with tech

    July 27, 2026

    Big Tech Is Giving Voluntary Buyouts a Second Look. Here’s Why.

    July 27, 2026
    Leave A Reply Cancel Reply

    Recent Posts
    • Greg Abel Begins Making His Mark As Warren Buffett’s Successor
    • How to Keep a Travel Journal
    • Dylan Mulvaney Responds After Trump Bashes Kaitlan Collins
    • Here’s the tech stock to buy in a market losing patience with tech
    • Sooryavanshi praised by Laxman after teen stars against Zimbabwe in T20 | Cricket News
    Recent Comments
      Archives
      • July 2026
      • December 2024
      • November 2024
      • October 2024
      • September 2024
      • August 2024
      Categories
      • Business
      • Entertainment
      • News
      • Real Estate
      Meta
      • Log in
      • Entries feed
      • Comments feed
      • WordPress.org
      Demo
      Top Posts

      How To Avoid These 12 Costly Business Traps

      November 30, 202430

      Gen Zer Won NYC Housing Lottery, Pays $1.6K Rent for Queens Apartment

      October 1, 202427

      Better Pay, More Time Off: What Real Estate Agents Want This Labor Day

      August 31, 202425

      SEC Chair Gary Gensler will step down Jan. 20, making way for Trump replacement

      November 21, 202424
      Don't Miss
      Business

      Greg Abel Begins Making His Mark As Warren Buffett’s Successor

      By adminJuly 27, 20260

      Warren Buffett’s successor, Greg Abel, just completed his first acquisition as Berkshire Hathaway’s CEO. It’s…

      How to Keep a Travel Journal

      July 27, 2026

      Dylan Mulvaney Responds After Trump Bashes Kaitlan Collins

      July 27, 2026

      Here’s the tech stock to buy in a market losing patience with tech

      July 27, 2026
      Stay In Touch
      • Facebook
      • Twitter
      • Pinterest
      • Instagram
      • YouTube
      • Vimeo

      Subscribe to Updates

      Get the latest creative news from SmartMag about art & design.

      Demo
      Our Picks

      Greg Abel Begins Making His Mark As Warren Buffett’s Successor

      July 27, 2026

      How to Keep a Travel Journal

      July 27, 2026

      Dylan Mulvaney Responds After Trump Bashes Kaitlan Collins

      July 27, 2026
      Most Popular

      How To Avoid These 12 Costly Business Traps

      November 30, 202430

      Gen Zer Won NYC Housing Lottery, Pays $1.6K Rent for Queens Apartment

      October 1, 202427

      Better Pay, More Time Off: What Real Estate Agents Want This Labor Day

      August 31, 202425
      Legal Pages
      • About Us
      • Disclaimer
      • DMCA Notice
      • Privacy Policy

      Type above and press Enter to search. Press Esc to cancel.