Elon Musk earns first performance-based payout from Tesla, worth more than $700 million

(CNBC)Tesla confirmed that CEO Elon Musk earned the first tranche of his massive incentive payout, in a document filed with the Securities and Exchange Commission on Thursday.The tranche is comprised of about 1.7 million shares of Tesla, and would be valued around $775 million based on Thursday’s closing market value.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply