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05-04-2020, 08:33 PM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Tesla (https://www.autoblog.com/tesla)
https://o.aolcdn.com/images/dims3/GLOB/crop/5123x2882+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-05/d624ef40-8e64-11ea-bbd5-27f49272386e Shares of Tesla Inc jumped more than 8% on Monday, putting Tesla's market capitalization at $141.1 billion at the close. More importantly for Musk, Tesla's stock market value reached a six-month average of $100.2 billion, according to an analysis of Refinitiv data. Hitting a six-month average of $100 billion triggers the vesting of the first of 12 tranches of options granted to the billionaire to buy Tesla stock as part of a pay package agreed in 2018.Continue reading Tesla stock rise appears to qualify Elon Musk for $700 million payday (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/)
Tesla stock rise appears to qualify Elon Musk for $700 million payday (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/) originally appeared on Autoblog (https://www.autoblog.com) on Mon, 4 May 2020 20:10:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/) | Email this (https://www.autoblog.com/forward/2229854/) | Comments (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/#comments)
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https://o.aolcdn.com/images/dims3/GLOB/crop/5123x2882+0+0/resize/800x450!/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-05/d624ef40-8e64-11ea-bbd5-27f49272386e Shares of Tesla Inc jumped more than 8% on Monday, putting Tesla's market capitalization at $141.1 billion at the close. More importantly for Musk, Tesla's stock market value reached a six-month average of $100.2 billion, according to an analysis of Refinitiv data. Hitting a six-month average of $100 billion triggers the vesting of the first of 12 tranches of options granted to the billionaire to buy Tesla stock as part of a pay package agreed in 2018.Continue reading Tesla stock rise appears to qualify Elon Musk for $700 million payday (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/)
Tesla stock rise appears to qualify Elon Musk for $700 million payday (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/) originally appeared on Autoblog (https://www.autoblog.com) on Mon, 4 May 2020 20:10:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/) | Email this (https://www.autoblog.com/forward/2229854/) | Comments (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/#comments)
More... (https://www.autoblog.com/2020/05/04/elon-musk-stock-options/)