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Billionaire Elon Musk qualifies for $706 million payout from Tesla
short by Krishna Veera Vanamali / on Wednesday, 6 May, 2020
Tesla CEO Elon Musk has qualified for stock options worth $706 million as part of a pay package agreed in 2018 after the carmaker's market value reached a six-month average of over $100 billion. Musk has already met other performance goals required for the payout. The 48-year-old is already among the world's richest people with a $38.5 billion fortune.
read more at Bloomberg Quint