Tesla's Musk nears $750 million options payday ahead of results

Tesla Inc Chief Executive Elon Musk is on the cusp of a roughly $750 million 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’s market capitalization at $145 billion. …read more

Source:: Yahoo Finance

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