that its board has certified the requirements — $20 billion in revenue and a sustained market cap of $100 billion — to unlock the first tranche of stock options available for Musk to purchase at a hefty discount.
As of Thursday, the billionaire can buy 1,688,670 shares at $350.02 a piece, or 79% below the stock's closing price Thursday. He must hold the shares for five years. The next 11 of the pay plan's tranches involve progressively higher revenue, earnings targets, and market capitalizations, as approved by shareholders in 2018.
Musk is worth some $40 billion on paper, according to Bloomberg's Billionaire's Index, but the billionaire is "
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
That’s a serious milestone!
👏🏻
Ireland Ireland Latest News, Ireland Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tom Brady is selling his highly customized Cadillac Escalade for $300,000 — see inside - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. look like a funeral car In my country this car would be used by Funeral Parlours only 🤣🤣 Looks more like a hearse.
Source: BusinessInsider - 🏆 729. / 51 Read more »
TikTok owner ByteDance reportedly hit $3 billion in net profit in 2019 - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😢Just a few reasons why we need a👩💻 online learning platform that works❤ 👨💻(OpenLearning) ASX STOCK:OLL Is the best of all the rest, Please help support in some way for our👩💻❤👨💻 That's crazy. Making money for some start ups is just a walk in the park.
Source: BusinessInsider - 🏆 729. / 51 Read more »
LendingArch is expanding to the US - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
UK Parliament voices cash infrastructure concerns - Business Insider - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Tencent's $70 billion investment plan in cloud computing will pit it against US providers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Mabye invest in a not so intrusive anti cheat system.
Source: BusinessInsider - 🏆 729. / 51 Read more »