Tesla To Open Chinese Design And Research Centre

Larry Ellison’s $1 Billion Tesla Bet Is Paying Off After a Wild Ride

As Tesla shares rise, Elon Musk stands to score the first $346 million of a possible $55 billion payout

For Elon Musk to unlock the full US$50 billion bonus by 2028, he and his team have to increase Tesla's annual revenues to US$175 billion - it is about US$24 billion today. If Tesla's stock prices and market capitalisation value is anything to go by then Tesla and its CEO have never had this good.

"But is he the only individual that could serve in that seat as chief executive and deliver that value to shareholders?"

The electric vehicle maker hits one of its most aggressive growth due to sales and earnings, and it just needs to reach an average of $100 billion for the first half of this year. "That is the billion dollar question".

This week Telsa's stock market value hit almost $89bn, overtaking the market values of General Motors and Ford for the first time.

Tesla's shares gained another 2.5% on Tuesday, closing in on another all-time high of US$538 a share, valuing Tesla's equity at US$97 billion.

This is the actual definition of the remuneration for performance.

Tesla's "adjusted" EBITDA excludes stock-based compensation, which in the first nine months of 2019 reached $617 million. Tesla is setting up a design research and development center in China to create a "Chinese-style" version of its electric vehicles at the behest company CEO Elon Musk, according to a Wednesday announcement on the official Tesla WeChat account.

Tesla was valued at around $ 53 billion when shareholders approved the compensation package in January 2018 and faced a liquidity crisis, production delays, and increasing competition from competitors. Elon's projected pay package allows him to purchase another 20.3 million shares, including a block of 1.7 options.

When Tesla first unveiled Musk's package in 2018, it said Musk could in theory reap as much as $55.8 billion if no new shares were issued. In the last seven years, Tesla and Musk seem to have come a long way.

Musk has made Tesla from a niche manufacturer with production problems to the world leader in electric vehicles with USA and Chinese factories.

Tesla had "accelerated" the construction of the Shanghai factory in response to the trade dispute between the USA and China, which has raised prices in China for vehicles imported from the US.

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