Elon Musk stands to get even richer if Tesla’s market cap tops $100 billion

Tesla Inc. Chief Executive Elon Musk may do another dance if the electric car maker’s stock rises a few more dollars and stays there a while, as he stands to receive stock options that could be worth hundreds of millions of dollars.

With 180.24 million shares outstanding, as of Oct. 21, a $100 billion market cap would be reached at a stock price of $554.80, or 3.1% above Tuesday’s record closing price of $537.92. At that price, Musk could net roughly $346 million if he exercised the options and immediately sold the stock.See also: Elon Musk says his ‘NFSW’ dance was just an effort to gain Pornhub followers.

On Wednesday, Tesla’s stock fell 1% in midday trading, implying a market cap to $96.0 billion. The stock has hit a string of records since mid-December, the most recent on Tuesday, when it closed at an all-time high of $537.92. It traded as high as $547.41 on Tuesday, an intraday record.

المملكة العربية السعودية أحدث الأخبار, المملكة العربية السعودية عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Jeffrey Epstein's ex-girlfriend dated Kimbal Musk, brother of Tesla founder Elon Musk - Business InsiderTwo sources say Jeffrey Epstein set Kimbal Musk, the brother of Tesla and SpaceX founder Elon Musk, up with a member of his entourage. What the fuck does get from conspiracy spin SMH i think a better story would be why a former and a current president has DIRECT ties to that guy. He was all about having leverage
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Musk nears $346 million payday as Tesla market value soarsTesla Inc Chief Executive Elon Musk is coming close to earning the first $346 mi... cheater dancing YEAAAAAAH 🚴 Good for him!
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »

Musk nears $346 million payday as Tesla market value soarsMusk has transformed Tesla from a niche car maker with production problems into the global leader in electric vehicles, with US and Chinese factories
مصدر: trtworld - 🏆 101. / 63 اقرأ أكثر »

Musk nears $346 million payday as Tesla market value soarsTesla Inc Chief Executive Elon Musk is coming close to earning the first $346 mi... cheater dancing YEAAAAAAH 🚴 Good for him!
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »