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4/28/20

Tesla's Musk nears record $750 million options payday

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Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million (601.7 million pounds) payday as the electric carmaker's stock recovers from a slump caused by the coronavirus, which led the company to close its factories and furlough workers. Shares of Tesla surged 10% on Monday ahead of the company's quarterly report this week, and in anticipation it could soon reopen its Fremont, California, plant after it was shuttered because of the pandemic. Monday's rally put Tesla'

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Tesla's Musk nears record $750 million options payday originally appeared on Autoblog on Tue, 28 Apr 2020 08:54:00 EDT. Please see our terms for use of feeds.

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