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Tesla races past $100 billion in market valuation, triggering payout plan for Elon Musk
January 22, 2020 | By Livemint.com
business
Tesla has begun manufacturing in China and has announced a new plant in Germany that could start production by 2021.For achieving the first milestone, Musk will get shares worth $346 million if Tesla shares hold above $100 billion over six months, based on th…
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NEW YORK : Tesla's market value hit $100 billion for the first time Wednesday, triggering a payout plan that could be worth billions for Elon Musk, founder and chief of the electric carmaker.Shares in Tesla rose some 4.8 per cent in opening trade to extend t
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