So, would it be in the ball park to est Elon's cost to execute all his tranches at ~8B? And further, his income tax bill if SP at exercise ~$95 would be about $10B?
Gee, he could do that in cash if he 'flipped the bird' (nose to the grindstone, ol' son)...
... and that'd be thumbing his nose at Wall St.
Cherry!
304 million shares, basis 350.02/3/5 = $23.33
Taxes: fed: 37%, medicare: 1.625% (half of 1.45 plus 0.9), CA 13.3% *(4/5 rough residence proration) = 49.27% call it 50.
At a SP of 95 he loses 25% of his shares to basis.
Gross: 304*(95-23.33) = $21.8 B
21.8B * 50% = 10.9B taxes, 10.9B net
10.9B = 115 million shares post exercise.
At 200:
304*(200-23.33) = 53.7B gross
50% after tax = 26.85B net
= 134 million shares post exercise
Note: the payroll tax to Tesla is predominately their half of the 1.45% medicare tax or 0.725%. $158M at $95 or $389M at $200 a share.