Tesla reaches $100 billion market cap, setting Elon Musk up for a huge payday

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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

 

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This is what a great career looks like. I have to say, good job. Congrats, you made it!

P/E would be through the roof...if they had any E.

Was the huge payday the only reason it rose so much? I don't think this is sustainable.....

the most successful cheater in history... congrats.. hahaha

What the What is it? Explain?

Lucky man!

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Tesla crosses $100 billion stock market valuation in extended tradingTesla Inc became the first $100 billion publicly listed U.S. carmaker in extende... Not worth it. Drug cartels move up from Mexico and wherever after they get the guns. That'll be a hoot. that's 100 billion potential repair jobs. A car is still a car, isn't it?
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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. crap. Curious to see if any new structured products come about as a result of this Better to invest abroad than USA. A Trump whim could blow away every investor’s (except shorts’) pot of gold at any second for whatever nuttiness strikes our “stable genius’s” ego the wrong way. GEESH... abroad is not even safe with him and his incompetent crew at the helm.
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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. Ya think? Screw Musk. He's evil. They just doubled their production of the model 3 now that China is open 🤗
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