Elon Musk Unlocks $2.1 Billion Award as Tesla Hits Milestone

Elon Musk Unlocks $2.1 Billion Award as Tesla Hits Milestone

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Business

University

Hard

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Tesla has seen a significant increase in market value, adding over $100 billion since late June. The company faces a crucial test with its upcoming financial results, which could impact its profitability streak and potential inclusion in the S&P 500. High expectations for strong deliveries have contributed to Elon Musk's substantial payday, with access to option contracts worth billions. Achieving another profitable quarter is key for Tesla to attract more passive and institutional investors.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expectations for Tesla's second quarter financial results?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has Elon Musk's net worth changed recently, and what factors contributed to this change?

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