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Tesla’s report could trigger $7 billion payout to Musk – Yahoo Finance Australia
Tesla’s quarterly report on Wednesday could trigger a $7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker’s…
By Noel Randewich
(Reuters) – Tesla’s quarterly report on Wednesday could trigger a $7 billion options payout to Chief Executive Elon Musk, while owners of the electric car maker’s soaring stock are keen to hear the company’s target for 2021 deliveries.
Tesla posts its December quarter results following a nearly 700% surge in its stock over the past 12 months that has made it the fifth-most-valuable publicly traded U.S. company, eclipsing Facebook.
Despite production that is a fraction of that of…
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