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RE: Elon's New Compensation Plan - $8.5 Trillion Total Market Cap

in LeoFinancelast month

I really don't understand, Tesla's market cap is 1.2 Trillion USD and Musk holds about 15% of this. If he is to become a trillionaire would that mean he would become Tesla's sole owner?

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The comp plan is fully completed with a market cap of $8.5 trillion. At that point, with the shares he would receive he would have 25% of the company.

Ok, but how does tesla go from a market cap of about 1.2 Trillion to 8.5 Trillion? I mean as far as I have read and understood (which could mean I am wrong) Tesla stock is over valued, which means it is not really worth 1.2 Trillion. And the largest corporation in the world is far from an 8.5 Trillion market cap. Only organization I have ever heard with that kind of money is BlackRock.