Tesla passes $100 billion, teeing up big payout for Musk

Tesla passes $100 billion, teeing up big payout for Musk

4 years ago
Anonymous $yQ5BfQaAxy

https://apnews.com/ae5f91802ce427503af233132783331c

DETROIT (AP) — The meteoric rise of Tesla shares that pushed the company's value over $100 billion could turn into a supercharged payday for CEO Elon Musk.

Stock in Tesla Inc. rose another 6.3% Wednesday, pushing the market value of the electric vehicle and solar panel maker past a critical milestone in Musk's pay package. He could get stock options that are worth stock option package that's worth close to $400 million.