22-01-2020 22:03 via ocregister.com

Tesla passes $100 billion, teeing up big payout for Musk

The meteoric rise of Tesla shares that pushed the company’s value over $100 billion could turn into a supercharged payday for CEO Elon Musk.
Stock in Tesla rose another 6.3% Wednesday, pushing the market value of the electric vehicle and solar panel maker past a critical milestone in Musk’s pay package. He could get stock options that are worth stock option package that’s worth close to $400 million.
Tesla shares were trading at $581.40 during the afternoon, giving it a market
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