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Tesla shares jumped 3.6%, closing over $479 per share. The stock is up nearly 20% in the past five days, reflecting positive news reports regarding Tesla's — and CEO Elon Musk’s — connection ...
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Tesla stock opened Thursday's session lower as the Trump trade rally was showing signs of fatigue. Still, shares remain close to 15% higher than where they opened the day after the election.
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Musk does not receive a salary from Tesla; he agreed with the board in 2018 to a compensation plan that ties his personal earnings to Tesla's valuation and revenue. [8] The deal stipulated that Musk only received the compensation if Tesla reached certain market values. [19] It was the largest such deal ever done between a CEO and a company ...
Musk's wealth, which was last counted at $384 billion by the Bloomberg Billionaires Index, jumped after an insider share sale of SpaceX, the space exploration company that he founded.
Tesla pledged to keep fighting for Elon Musk's $56 billion pay to be restored, a battle that could make it all the way to the highest US court.