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

Los Angeles Times

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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