Elon Musk is on the cusp of getting a $750 million payday.stock is close to reaching the milestone of a six-month average market value of $100 billion, the company noted in a filing Tuesday. If it stays near that level, during the current quarter Musk will be awarded options to buy 1.7 million shares of Tesla stock for $350.02 a share.
Based on Monday's closing price, those options are worth $1.3 billion -- or a net value of $750 million to Musk after the cost of exercising them. Though Tesla shares have fallen 13% since a record high in mid-February, the stock has nearly doubled so far this year, taking its current market value to more than $140 billion.
Tesla is due to report first-quarter results Wednesday after the market close. In January, after reporting its , Tesla said it expected to be profitable going forward. But that was before the coronavirus crisis caused it to shut production.to customers fell 21% compared to the fourth quarter. Analysts are forecasting a narrow first-quarter loss and a larger second-quarter loss, with profits returning the second half of this year.
How can this be? Trump is a failure? Waaaah!
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Confidence in what ? Certainly not Trump.
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If I could inflict an innate characteristic into all humans on the planet, it would be, The Inability To Lie. We have now reached the ultimate extreme of what lying does and what it becomes. It destroys all forms of ethics and becomes acceptable by the masses. All Truth is Lost
For once, I'd like an unbiased story from CNN, not their filtered attempt at mind control.
And Captain Bone Spurs is going to take a victory lap, stomping on the graves of 55k Americans.
Fake news. I reply this for realDonaldTrump
US stocks open higher for a second day in a row but nosedived within minutes now Dow30, S&P500 and NASDAQ are trading in red.
And as soon as Trump says something stupid, down goes the market.
Do you no Lagos Wizkid he is the bestest, is not me that say it is (Tiwa S) that saY it .. she say it in a B.I.G way..
To the dismay of Democrats everywhere!
These gains are still well below the previous highs but the percentage gains from the low are a reflection of a recovery of the lost value not confidence . Check the numbers on Friday see how confidant you are then .
How is a stock market so high with so many out of work? Wall Street is a fraud.
I thought you only reported on the stock market when the market went down?
Stick market will keep on going up as businesses open ...and unemployment rate is going to go down down down
Go Trump 2020
Years from now people will write about the irony of it all
With markets up despite record unemployment claims and the entire nation sitting home can we finally dispel the myth that the stock market is a great indicator of economic health. It’s become nothing more than a playground for rich people doing buybacks and shorting stocks.
If you want, that the stock market reflects the reality you have to write things like: I knew it was just flu. I am so bullish, that I sold my house to buy stocks. I am pretty sure that it is easier to hire 25 million workers than to fire them...
Everything that goes up comes down too... Especially if it's hyped and over inflated….
And if trump loses the market will crash economy and unemployment will also interest rates will go to the moon
We need to open. The food shortage crisis that is coming because of the disruption in the supply chain will be life changing. We have been lied to about Covid 19. Livestock and produce are being destroyed. Time to wake up.
We’re on the brink of collapse, everything is great.
Yes sir. Open it up.
Talk about a disconnect from reality.
Too soon, too soon. As a very small timer, I would think it healthier had the market held off rebounding this sharply this soon. This next year seems far too uncertain, still.
realDonaldTrump can you believe this fake news headline. I give it 10 mins and it will be taken down.
TSP in the G Fund until this normalizes AKA Trump is on the TV talking about Clinton’s emails or asking Ukraine to investigate the Bidens again
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