Tesla races past $100 billion in market valuation, triggering payout plan for Elon Musk1 min read 22 Jan 2020, 09:50 PM IST
Tesla has begun manufacturing in China and has announced a new plant in Germany that could start production by 2021
For achieving the first milestone, Musk will get shares worth $346 million if Tesla shares hold above $100 billion over six months, based on the formula
NEW YORK : Tesla's market value hit $100 billion for the first time Wednesday, triggering a payout plan that could be worth billions for Elon Musk, founder and chief of the electric carmaker.
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