Tesla CEO Elon Musk awarded stock worth more than $700 million as electric car maker hits goals
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Elon Musk's $700 million jackpot

Tesla CEO Elon Musk has qualified for a compensation package worth about $770 million after the electric vehicle company hit certain goals reflecting its rapid growth in recent years. The company said he had received the right to buy about 1.688 million shares of Tesla stock at a price of $350.02, which is where the stock was trading when the compensation package was set.

elon company package

Fri May 29 - Usatoday

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Revolutionary new peanut allergy treatment drug receives FDA approval. Image via Fox Business.
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Revolutionary new peanut allergy treatment received FDA approval

The Federal Drug Administration has approved, for the first time, a treatment developed by biopharmaceutical company Aimmune Therapeutics from California, which has shown tremendous promise in alleviating peanut allergies in children and adolescents, with almost two-thirds of 372 children showing tolerance for the small amounts of peanut protein in two peanuts.

california tolerance drug company protein peanut allergy aimmune therapeutics approve fda

Wed Feb 05 - ScienceNews