Tesla's market value nears USD 100 billion

If the electric carmaker's equity valuation exceeds USD 100 billion, Elon Musk could look forward to a very handsome bonus.

BY RITZAU FINANS

US-based electric vehicle manufacturer Tesla's market value is currently in vertical incline and approaching USD 100 billion. The share price surge means that company founder and Chief Executive Elon Musk could soon receive an incentive package bonus of USD 50 billion in the years leading up to 2028, reports Financial Times.

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Tesla's market value now exceeds General Motors and Ford combined
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