1. As Tesla Shares Soar, Musk’s Moonshot Pay Package Doesn’t Seem so Crazy Anymore

    As Tesla Shares Soar, Musk’s Moonshot Pay Package Doesn’t Seem so Crazy Anymore

    Tesla Inc. shares have been on a tear since October, when the electric-vehicle maker posted a surprise third-quarter profit and said its Model Y will launch months ahead of schedule. After surging to another record close Tuesday, the stock climbed as much as 6% on Wednesday, boosting the company’s market value to more than $88 billion — more than Ford Motor Co. and General Motors Co. combined...

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