Elon Musk’s wave of exercising stock options comes with a massive tax bill. It could have been bigger.
Sliding stock price lowers CEO’s tax bill by about $380 million from peak but also limits deductions the EV maker can take
Tesla will move its headquarters to Austin, Texas, said CEO Elon Musk, comparing the current crowded operations at the factory in Fremont, Calif., to ‘Spam in a can.’ He said the electric-vehicle maker would continue expanding in California. Photo: Brendan Smialowski/AFP/Getty Images
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