Musk Nears Massive Payday - Shorts Torched As Fed's 'Not QE' Sparks Dash-For-Trash

Source: https://www.zerohedge.com/markets/musk-nears-massive-payday-shorts-torched-feds-not-qe-sparks-dash-trash
Published: Jan 14, 2020
Author: Tyler Durden
Post Date: 2020-01-14 18:12:55 by Horse
Views: 39

.Fed liquidity and an epic short squeeze has helped Musk to come within inches of unlocking his first big payday...

At the same time, Musk has come close to a whopping $346 million payday, in the form of equity options, if Tesla shares sustain a $100 billion valuation, or $554.80 per share, for a one-month and six-month average, according to Reuters.


Poster Comment:

$554 a share for a company that does not know how to weld cars and is featured in the worst road accidents several times a week. They have never made a profit and never will make a profit.

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