Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus - News Summed Up

Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus


Tesla The Observer Tesla boss Elon Musk pursues his most unlikely goal yet: a $55bn bonus Some say the firm is already overvalued at $60bn. But its founder’s vision is now truly ambitious Elon Musk unveils Tesla’s forthcoming Roadster 2 sports car in California. To secure each tranche, Musk must hit a pair of milestones – one linked to Tesla’s market value, the other to revenue and profitability. Every tranche depends on Tesla’s market value increasing by $50bn. Even those that have been bullish on Tesla shares express some doubts about the incentive package and stretching valuation targets.


Source: The Guardian January 26, 2018 15:56 UTC



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