Elon Musk Collects Payout Valued at $775 Million from Tesla
Tesla (NASDAQ: TSLA) CEO Elon Musk has collected his first payment in a massive $56 billion incentive package put in place in 2018. This first tranche is worth almost $775 million based on Thursday's closing price for Tesla shares, the options strike price of the agreement, and the 1.7 million shares granted to Musk, according to an SEC filing.
Source Fool.com
