Elon Musk can expect a $23 billion bonus after Tesla results

With sales of $ 18.76 billion, up 81%, and adjusted profit before depreciation and taxes of more than $ 5 billion made by Tesla, Elon Musk is now entitled to three tranches of options on more than 25 million Tesla shares. These options give him the opportunity to buy the shares at a significant discount: while Tesla shares were trading at $977.20 on Wednesday, the billionaire can buy the shares at $70.01 each. Tesla’s management committee has yet to give the green light for these new bonuses, which were agreed in 2018.

According to financial news agency Bloomberg, Elon Musk’s net worth currently stands at $249.9 billion. The whimsical billionaire announced last week that he wanted to buy Twitter for 43 billion dollars.

Leave a Comment