YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Elon Musk is slated to receive $720 million worth of Tesla shares after the electric car maker hit a key benchmark.
Musk, who draws no salary from the company, is granted stock options under a performance plan approved by shareholders in 2018. Tesla reached its latest milestone by being valued at an average of $100 billion for the last six months.
Musk, who already owns 20% of Tesla, cannot sell the shares for five years.
Read more from Yahoo Finance UK.
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