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Musk Set to Clear Next Hurdle on Mission to Moonshot Pay Package

  • Tesla CEO may reap more than $50 billion if all goals are met
  • Firm also must hit sales, earnings targets for him to collect
Elon Musk

Elon Musk

Photographer: Jeenah Moon/Bloomberg

It took almost 22 months for Tesla Inc.’s market value to eclipse the first of a dozen thresholds required for Elon Musk to unlock parts of his moonshot pay award.

On Tuesday, less than two weeks later, it bounded over the second hurdle, and the third is rapidly approaching.