X Employees Stock Grant and Elon Musk’s Email Developments

Important Developments Regarding Stock Grants for X Employees

X employees have finally received an email regarding the long-awaited stock grants. However, there is a notable detail in this email sent by Elon Musk.

According to the email shared with employees and viewed by The Verge, the company plans to offer stock options to its staff based on their impact. However, to take advantage of these options, employees will need to apply to the leadership. This situation has further increased the tension between X management and employees, as the long-awaited stock grants have come at a time when the promotion process has been delayed without any explanation.

While all this tension (and ongoing lawsuits between former employees and management) continues, Elon Musk’s X is expected to lay off more employees. Additionally, it is reported that X still owes its employees an annual share distribution and that Musk has not yet completed the renewal of the last payment, which was due in April.

Musk had previously stated that employees would be able to regularly sell back their shares. However, there is still no evidence that he has fulfilled this promise. This situation is causing uncertainty and anxiety among employees, raising questions about the company’s future.