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28 Sep 2020 6:32
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  •   Home > News > Business

    There's been a resurgence in the share price of electric car giant Tesla

    There's been a resurgence in the share price of electric car giant Tesla


    Shares increased by almost 90 percent in the last six months, hovering around 50 US dollars per share.

    JMI Wealth's Andrew Kelleher says it puts the spotlight on an incentive package for Tesla CEO Elon Musk.

    He says if shares continue to increase over time, Musk could receive a payout of 50 billion US dollars.

    But he says for Musk to unlock that unlikely figure, revenues need to reach 175 billion ... they're now at 24 billion dollars.

    © 2020 Newstalk ZB, NZCity


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