Jul.22 — Tesla Inc. Chief Executive Officer Elon Musk unlocked the second chunk of his moonshot pay award. The electric-car maker’s average trailing market value over six months rose above $150 billion on Tuesday which means Musk is now able to exercise an additional 1.69 million stock options, though he must wait at least five years before he can sell them. Tesla reports second-quarter earnings later today. Dani Burger previews the results on “Bloomberg Surveillance.”
In This Story: Elon Musk
Elon Reeve Musk FRS is a business magnate, industrial designer, engineer, and philanthropist. He is the founder, CEO, CTO and chief designer of SpaceX; early investor, CEO and product architect of Tesla, Inc.; founder of The Boring Company; co-founder of Neuralink; and co-founder and initial co-chairman of OpenAI.
He has hit the headlines for a number of reasons including; marriage to Grimes, being sued by a cave rescuer, involvement in the promotion of cryptocurrency – mainly Bitcoin and Doge.
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In This Story: Tesla
Tesla (NASDAQ: TSLA) is one of the biggest producers or electronic cars, and other, largely electronic, equipment.