- of £143m for the third quarter of the year following steep losses over the previous two.
The share price growth on Wednesday was part-explained by the publication of a bullish brokerage report for earnings in the final quarter of the year.The market value milestone also moves Musk a step closer to earning the first $346m of stock options available to him as part of a share price-linked bonus plan.
Such a windfall could potentially see him revive an ambition to take Tesla private. He already owns 22% of the company's shares.He got into regulatory trouble in 2018 when he tweeted that he had"funding secured" to complete a buy-out.
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