Bad News, Your 401K Is Tanking, Good News, Elon Musk Is About to Make Bank

According to CNN, analysts expect a hot financial year for the company in 2022, which could mean billions of dollars in stock awards for Musk.

According to the latest numbers, Musk is still the richest person in the world, but he earns his actual take home through options.

Even if the rest of the stock market is on shaky footing, Musk could be poised for his best year yet, with his electric car company flirting with a trillion-dollar market cap.

Nightmare Year

This past month has been a bit of a disaster for the company, with stocks sliding several percentage points and overall valuation dipping below the 13 figure mark.

Wall Street is affected by the decline in markets for three weeks in a row, with the exception ofTesla.

It has been a nightmare for investors so far, according to Dan Ives, managing director of equity research.

The slump has taken $30 billion off of Musk's stock holdings.

Car Wars

Market analysts expect the company to hit all five remaining financial targets. CNN reported that Musk may receive four or more out of five installments, which would be his personal reward for hitting the targets.

I'd be surprised if he doesn't get all five of them this year because of his growth trajectory.

Musk could get aPayout sooner than one might think as the company is set to report fourth quarter earnings on Wednesday.

Despite only being a tiny fraction of sales, the sky high market valuation of the company makes it a risky option. This year's slump may be caused by investors growing wary.

A lot will depend on Wednesday's earnings call. The richest man in the world may be richer because of it. The company's stock could keep sliding if it has had a less impressive Q4.

Musk is about to get richer.

Musk is talking about spraying out cars.

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