This is a more conservative trade with an easier read.
Waiting for a Short @345.33
If fill, Target Cover/Buy 310.00
If fill, hold.
Elon Musk is betting on himself. No salary, no problem. Doubt he will hit the full milestone, but even getting halfway there will make him one of the richest men in the world. Let’s see how the market reacts to this news!
The performance award consists of a 10-year grant of stock options that vests in 12 tranches. Each of the 12 tranches vests only if a pair of milestones are both met.
Market Cap Milestones: To meet the first market cap milestone, Tesla’s current market cap must increase to $100 billion. For each of the remaining 11 milestones, Tesla’s market cap must continue to increase in additional $50 billion increments. Thus, for Elon to fully vest in the award, Tesla’s market cap must increase to $650 billion.