But the whole calculation is shrouded in uncertainty: any falls in Tesla’s share price could render it unprofitable for Denholm to convert the options, which will grant her the ordinary shares she plans to sell, while any rises would increase her windfall.
In years when Denholm has been able to sell, we’ve found it far more satisfying to count backwards. Denholm made $85 million selling Tesla stock in 2022, a staggering $170 million as Tesla’s share price ballooned in 2021,…
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