Tesla’s quarterly report could land Musk another $3 billion

Filed under:

The electric car maker on Tuesday saw the six-month average of its stock market value hit $250 billion, a milestone toward triggering the fourth of 12 tranches of options to buy Tesla stock at a discount, granted to the billionaire in his 2018 pay package. Musk’s compensation is exclusively made up of a series of potential stock options rewards based on market capitalization and operational goals. To secure Musk’s fourth tranche, Tesla still must hit a goal related to revenue or profitability,

Continue reading Tesla’s quarterly report could land Musk another $3 billion

Tesla’s quarterly report could land Musk another $3 billion originally appeared on Autoblog on Tue, 6 Oct 2020 16:58:00 EDT. Please see our terms for use of feeds.

Permalink |  Email this |  Comments