Tesla Dulang Untung, Elon Musk Is Increasingly Sophisticated

Elon Musk (Sumber: Wikimedia Commons)

JAKARTA - The CEO of Tesla, Elon Musk is predicted to be increasingly rich. The reason is based on the estimation of Tesla's financial statements, Musk's total income has increased by 3 billion US dollars, equivalent to Rp.44 trillion. This means that Musk can buy 118 Lamborghini Aventador J series sports cars for IDR 37 billion.

Launching Reuters, October 7, the electric car manufacturer noted the value of its shares has reached 250 billion US dollars. Although Tesla's stock fell 0.8 percent on Tuesday, the average market capitalization has risen in the last six months.

To that end, each stage could provide an option for Musk to buy 8.44 million Tesla shares for $ 70 per share. That price is about one sixth of the current price. If detailed, the current Tesla share price is US $ 420.

That is plus three other tranches given in recent months, for a combined profit of 11.8 billion dollars, or nearly 3 billion par. In the future, if the total first tranche of Musk's stock could reach around 700 million dollars in May.

This means that the Silicon Valley billionaire's salary can exceed all company executives in the US. It becomes controversial when approved by shareholders. The median compensation for Tesla employees last year was about 58,000 US dollars, according to company proposals.

Elon Musk's income increase report (doc. Refinitiv Datastream)

Previously, Tesla's stock had jumped as much as 400 percent in 2020. The reason was because sales of the Model 3 sedan were skyrocketing, which was able to provide value on the stock market of nearly 400 billion dollars.

In fact, last week Tesla revealed that it had delivered 139,300 vehicles in the third quarter. Therefore, investors are now waiting for the company's quarterly financial reports.