Elon Musk Set to Collect $23B Tesla Bonus

  • 2 years ago
Elon Musk , Set to Collect $23B , Tesla Bonus.
According to 'The Guardian,' Elon Musk
is set to collect a $23-billion bonus after
Tesla reported record quarterly profits. .
According to 'The Guardian,' Elon Musk
is set to collect a $23-billion bonus after
Tesla reported record quarterly profits. .
Musk is already the world's
richest person and is worth
an estimated $249 billion. .
On April 20, Tesla announced
share price and financial growth
milestones in its earnings.
In the first quarter of 2022, Tesla made an adjusted profit of $5 billion on revenue of $18.8 billion. .
That's an 81% increase
from the same time in 2021. .
In 2018, Musk was offered a deal that promised
him a $55.8 billion bonus if he built Tesla into
a $650 billion company within 10 years. .
In 2018, Musk was offered a deal that promised
him a $55.8 billion bonus if he built Tesla into
a $650 billion company within 10 years. .
'The Guardian' reports that Musk
achieved that goal in January of 2020,
eight years ahead of schedule.
Today, Tesla has, a market value, of $1.1 trillion.
Since January of 2018, Tesla share prices, have climbed 1,600%.
On April 21, shares, surged 11%, to reach $10.60.
The future is very exciting. I’ve never
been more optimistic or excited about
the future of Tesla than I am right now, Elon Musk, investor earnings call, via 'The Guardian'.
Julia Davies, a member of Patriotic Millionaires U.K.,
a group of super-rich people pushing for a more equal
society, harshly criticized the unprecedented payday.
Julia Davies, a member of Patriotic Millionaires U.K.,
a group of super-rich people pushing for a more equal
society, harshly criticized the unprecedented payday.
How many millions of people could
be lifted out of current fuel poverty
... with that bonus – instead of
giving one man an even greater
fortune to play God with?, Elon Musk, investor earnings call, via 'The Guardian'

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