The billionaire could see his net worth grow substantially.
Tesla stock has been on a tear, more than doubling in value over the last three months. It has now risen by nearly 25% within the first two weeks of 2020 alone. Last week, Tesla’s stock market value hit $89 billion for the first time, which is worth more than both General Motors and Ford combined. Tesla shares have
thanks to better-than-expected third-quarter earnings, strong car deliveries in the fourth quarter and a successful new factory in China.surpass any compensation ever granted to a U.S. executive, according to Reuters. Snap founder Evan Spiegel received $638 million after the company’s IPO in 2017, for example, while Walt Disney CEO Robert Iger earned stock grants worth almost $150 million in 2018.
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