Elon Musk might not have to wait long for huge payday

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Elon Musk's pay package has the potential to make him the richest man in the world if Tesla continues to grow

As part of a pay package approved by shareholders in 2018, the Tesla CEO stands to get options to buy 1.7 million shares of Tesla shares once the company has achieved a $100 billion market value over a period of six months, as well as hitting certain financial performance targets it has already achieved.Tesla didn't cross the $100 billion market cap threshold until a few weeks ago, on Jan. 22, but Musk could qualify for this first batch of options later this spring.

The top target will be paid out if Tesla reaches a market value of $650 billion, more valuable than all but four US companies today - Apple , Microsoft , Amazon and Google parent Alphabet . But there are a dozen steps he can take to reach that lofty goal, and each could get him an additional 1.7 million options. At Tuesday's closing price of $774.38, this first batch of Tesla options would have a value of $716.6 million, the difference between that and the $350.02 exercise price.

 

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Many people are inspired by him. We used to have a president for that.

Imagine - all that green paper. He should be so lucky. Like he could buy candy every day for the rest of his life. And not just the 'ok' ones but like any sort he likes. Isn't that the dream?

Oh big news day huh?.. any thing but a good Bernie Sanders piece amirite?

Does he need one?!

BernieSanders will assure that doesn't happen if his low IQ followers have their way

Thôi chút thôi ! Đằng nào chẳng là người giàu nhất. Dùng tài khoản của bạn đó! Họ lại tham lam thì dơ

The Child miners in the Congo are doing their bit ElectricCar

Good for him!

elonmusk lend me 5 mill

To go along with the most annoying

Elon doesn't care

I mean I'd rather see Elon with that title than anyone else.

DoodleXan13 he’s gotta toss every dime into making mars’ atmosphere chief

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