Musk gets 4th tranche of Tesla payout worth $3 bn, total at $11.8 bn
Tesla CEO Elon Musk received the fourth tranche of his payout from the electric vehicle maker worth $3 billion, bringing his aggregate to $11.8 billion. Tesla recently surpassed its performance targets for market value and adjusted earnings, which unlocked 8.44 million options for Musk. His payout deal could get him more than $50 billion if all goals are met.