That is the obvious message journalists got this afternoon from Tesla’s PR machine, which conveyed a message that Musk occupied 532,000 of his options in the organization, or about $100 million worth, prior today.
By SEC recording, the alternatives were taken at $6.63 a piece, which would have delivered $98 million for Musk had he sold the shares, which are presently exchanging at $191 per offer.
Obviously, Musk, who is broadly celebrated for his unflinching faith in his organizations, didn’t offer the shares. Rather, he’s clinging to them and, as indicated by the organization, he utilized more than $50 million as a part of the money to both pay for the options and the taxes brought about by the exchange.
Musk now claims approximately one-fifth of Tesla, which is relied upon to uncover its most reasonable auto to date, the Model 3, in March. He said not long ago that it is “going to be probably the most profound car that we make.”
Incidentally, Bloomberg ran an awesome feature earlier today about everything to know about the Model 3.
With so many promises and high expectations flying around, it’s hard not to get hyped about what Tesla has in store for us.