Elon Musk approaches $1.8 billion bonanza

Filed under: Earnings/Financials,Green,Tesla

Fueled by stronger-than-expected car deliveries, shares of Tesla have surged over 40% in the past seven sessions, elevating the company's market capitalization to $259 billion. More important for Musk's personal finances, Tesla's six-month average market capitalization has reached a record $138 billion. Hitting a six-month average market capitalization of $150 billion would trigger the vesting of the second of 12 tranches of options granted to the billionaire to buy Tesla stock as part of his

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Elon Musk approaches $1.8 billion bonanza originally appeared on Autoblog on Wed, 8 Jul 2020 19:53:00 EDT. Please see our terms for use of feeds.

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