Could the Tesla stock price hit $2,739? Elon Musk hopes so!
Against a backdrop of falling sales and earnings, Tesla (NASDAQ:TSLA) stock jumped 5.6% on Friday (5 September) after the company unveiled its ‘2025 CEO Performance Award‘.
What’s the incentive?
Although there’s plenty of devil in the detail of the deal, the headline is that if Elon Musk can get the company’s stock market valuation to $8.5trn within 10 years, he will receive shares worth a staggering $1trn.
Tesla’s current market-cap is $1.09trn. If the group’s chief executive and largest shareholder were to meet all of the targets, the company’s stock price would be at least $2,739. At the moment, it’s around $355.
Hugely ambitious
The group’s board of directors acknowledge that…
