> Now employees are fearing that layoffs will begin before November 1st, when a significant percentage of them are set to receive stock grants paid out in cash at $54.20 a share. Shortly after this story was published, Musk tweeted “This is false” in response to a tweet featuring another story claiming that the layoffs would happen before that date.

Side question, but real question -- how do stock grants in a non-publicly traded company work, who can you sell them to how to turn them into monetary value?