Tesla stock plummeted in mid-March with the rest of the stock market, but has since more than doubled. With the share price closing at $768.21 on Tuesday, the electric carmaker’s six-month and 30-day market cap averages now exceed $100 billion, according to data from S&P Global Capital IQ — the last target Musk needed to hit in order to receive the first tranche of the package.
Musk had already fulfilled the other two targets, relating to Tesla’s revenue and adjusted profits. He will receive 1.69 million Tesla options from the company’s board, at an exercise price of $350.02 a share. The value of the options before taxes is $706 million at today’s share price. ’ estimate. According to the most recent quarterly report, he must hold onto any acquired shares for at least five years. Tesla did not respond to a request for comment.
Even the headline to this garbage is ass. 😂
What people also dont seem to understand is that this money is not actually in his bank account. If the company goes bankrupt, so will he..
elonmusk its just the flu bro?
Why not? Most Americans are getting paid for sitting at home. Elon has created a lot of billionaires. He has earned everything he is getting. $TSLA
theRealKiyosaki
But he made it? Before the pandemic he earn it?
Douche.
TESLAcharts danahull Safe to say govt. bailout money will not be going to Tesla after a bonus like this paid subsequent to the coronavirus breakout.
dippR6 our hero right?
That’s ok. Without him maybe all the Tesla workers would be jobless
And, why is this news? Everyone are free to build a business empire from scratch to one day benefit from it. It's the same with Bill Gates, Buffet etc etc. Don't let jealousy and greed get the better of you.
This the only billionaire I really hate, he really sucks. He should learn from most of the others humble and solidary
elonmusk your country of birth needs assistance please donate some food parcels.
a billionaires priority will always be himself. He doesn’t care about those workers.
idiots, he created those jobs and much more in the 1st place.
Trump & GOP love this . That’s what they wanted the money for . The elites . Not Us !
elonmusk is this true?
Who is surprised?
You (THE US) are crazy!
elonmusk whats up with this? fakenews ?
Noการบินไทย
A confused hypocrite always high on weeds who got money most probably from apartheid South Africa (money laundering for ex ruling elites)
It's sad when the 'worth' of one person can feed and pay the rent of one entire country... I wonder what goes into your brain when you see that u have 100 billion dollars in assets and cash...
Can we all agree that Elon Musk is a teeny-bit of a douchebag? Yes/no?
Does that make him a pedo?
elonmusk what’s going on?
BABIES ARENT CHEAP OK
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