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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMusk Presses for US to Reopen Ahead of Tesla Earnings Report
Tesla shares have soared in spite of production shutdowns, likely demand disruptions and uncertainty about how soon the electric-car maker can restore more-normal operations.
The advance puts Chief Executive Officer Elon Musk in position to receive the first tranche of stock options hes eligible for as part of a pay package that set moonshot goals two years ago. Before he can cash in, the billionaire is advocating for the U.S. to reopen and may need to deliver earnings that keep investors bullish.
Give people their freedom back! Musk tweeted ahead of Tesla releasing first-quarter results Wednesday. Elon Musk: FREE AMERICA NOW, he wrote in another post.
If he can succeed in sustaining a market capitalization thats now double the combined value of General Motors, Ford Motor and Fiat Chrysler, Musk is on the cusp of receiving options worth roughly $700 million on paper. But its unclear if hell be able to assure the market that his lone U.S. vehicle-assembly plant in California will resume production soon, or that would-be customers now in quarantine are champing at the bit to buy Model Y crossovers and Model 3 sedans once they reemerge.
https://www.msn.com/en-us/money/companies/musk-presses-for-us-to-reopen-ahead-of-tesla-earnings-report/ar-BB13kN5h?li=BBnbfcN
You need to kiss Trump's ass harder.
empedocles
(15,751 posts)Newest Reality
(12,712 posts)Okay, Elon. You were interesting, but now you have a different color about you.
It's Self-Serving Red.
Take a ride in your car, get in the spacecraft and have a nice trip. Your dummy buddy out there is lonely I hear.