X @Cassandra Unchained

$NVDA $PLTR $TSLA Actual cash Stock-Based Compensation costs are much higher than GAAP SBC expense. This is not because the employees' shares went up in value. The shares were not yet in employees' hands.The grants of RSUs are made with the expectation of appreciation in value, but nearly all potential upside is funded by shareholders directly through future dilution or future massive buybacks to nowhere. Companies benefit by offloading nearly all that upside from the income statement, but it shows up large ...