Tesla stock surge positions Elon Musk for $346 million payout

Tesla stock surge positions Elon Musk for $346 million payout

Tesla Inc CEO Elon Musk is coming close to earning the first $346 million tranche of options in a record-breaking pay package, after the electric vehicle maker’s stock more than doubled in the last three months. Following a jump of 9% on Monday, Tesla’s market value was 6% shy of the $100 billion value needed to deal out Musk’s first portion of the pay package.

Clara
Clara
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