Hyperdrive
Musk on Cusp of $730 Million Award, Even After Tweet Tanks Stock
- CEO is poised to reach key performance goal in the coming days
- Trailing average 6-month market value stands at $99.1 billion
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Not even a pandemic -- or a tweet -- can push Elon Musk off the path toward claiming the first piece of his moonshot pay package.
Barring a sudden and massive plunge in the electric-car maker’s market value, its chief executive officer is poised to meet the final performance threshold needed to claim the first of 12 tranches as early as next week, data compiled by Bloomberg show.