Elon Musk set for $2.1 billion payday – report

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Founder and CEO of Tesla, Elon Musk, is set to receive a bonus package worth almost US$2.1 billion (AU$2.94 billion) due to the car company's recent performance, according to news agency Reuters. With Tesla successfully reaching a number of milestones in recent months – most notably overtaking Toyota to become the world's most valuable automaker – Musk will have the option of buying 1.69 million shares of Tesla at US$350.02 each.

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