Elon Musk asks employees to write one-page summaries to get their stock grants: Report

Elon Musk has asked X.com employees to write one-page reports that summarise their achievements during their work in the company to receive their highly awaited stock grants, according to a report from The Verge. 

According to the report, the CEO of the company has written an email to its employees asking them to list their achievements which can convince the leadership that they are worthy of the stock grants. 

The report also suggests that the incident has added to the tension among X.com employees as they were already facing drastic changes after Musk’s takeover of the company. The promotions for the employees have also been delayed for the year without any explanation and the company may go ahead with cutting off more employees in the coming months, the report said. 

Recently, after resigning from Tesla, the Vice President of the company Sreela Venkataratnam shared her experience while working under Musk, labelling it as ‘not for the faint of heart.’ Venkataratnam were one of the two women VPs of the company. 

Venkataratnam joined Tesla as the Director of Finance Operations in early 2013 and left the company as one of the only two women Vice Presidents of the company. 

“I am proud of how much we’ve achieved together,” wrote Venkataratnam. 

She also shared her contributions to crucial Tesla projects such as Model S, Model X, Model 3, and Model Y. On LinkedIn, Sreela wrote, “In my strategic role, I had the privilege to contribute to the ramp-up of the Model S, Model X, Model 3, Model Y, the Cybertruck and the construction of several new factories. I was also deeply involved in the growth of our Energy products. Our team played a pivotal role in disrupting multiple industries with innovative solutions, notably transforming the DMV process to fully automate car buying and registration in numerous states.”