Elon Musk would earn the first tranche of at least $346 million in Tesla shares if its market capitalization stays at $100 billion.
Tesla stock is set to reach a key milestone as it hovers above a market cap of $100 billion ahead of Wednesday's first trade.
If the gains hold, it will bring the company's value to more than $103 billion at the start of trading.Tesla CEO Elon Musk unveils the Cybertruck at the TeslaDesign Studio in Hawthorne, Calif. The cracked window glass occurred during a demonstration on the strength of the glass.stock is set to reach a key milestone as it hovers above a market cap of $100 billion ahead of Wednesday's first trade.
Tesla's stock rose about 5% in after hours trading to follow up a stellar day Tuesday that saw the stock climb more than 7%. If the gains hold, it will bring the company's value to more than $103 billion at the start of trading. The gains could send CEO Elon Musk home with a tidy payout. In 2018, Tesla's board and shareholders authorized a compensation plan for Musk, allowing him to earn options worth potentially more than $55 billion over the next decade. Musk would earn the first tranche of
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla crosses $100 billion stock market valuation in extended tradingTesla Inc became the first $100 billion publicly listed U.S. carmaker in extende...
Read more »
JP Morgan announces new division to fund at least $100 billion in emerging market projectsThere is a $2.5 trillion shortfall in investment to achieve the goals set by the United Nations to address climate change, health, education and food security in the developing world by 2030.
Read more »
The Investor Clash Behind Tesla’s Surge Toward $100 Billion in Market ValueThe rise in Tesla’s stock has turbocharged a long-running war over the proper value of the shares. This has split investors large and small into warring camps—both sides digging in with fervor.
Read more »
Michigan, Tesla reach agreement for direct car sales: sourceTesla Inc has reached a settlement with Michigan to allow the electric carmaker ...
Read more »
Tesla disputes claims that its cars can accelerate on their ownTesla is disputing claims that its vehicles can suddenly accelerate on their own
Read more »