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    Tuesday, 28 April 2020

    Here’s what Elon Musk needs to get his $750M payday from Tesla


    Elon Musk is close to a groin-thumping $750 million payoff now that Tesla stock has recovered much of its value lost since the coronavirus (COVID-19) pandemic began, Reuters reports. Tesla stock rose more than 10% after the company teased the re-opening of its Fremont, California car plant as early as this Wednesday this week. [Read: Elon Musk bought $45M in Tesla stock since ‘that weed joke’ — now it’s worth double] Those hopes were later dashed by a CNBC report that claimed Tesla had canceled plans to bring some employees back to work, citing an internal memo shared with the outlet.…

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