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Night Skies for May: Farewell to Venus and a comet fizzle – Coast Reporter

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Earth continues its catch-up with the outer planets as spring goes on. Mars passed Jupiter and Saturn at the end of March and all three planets are lined up before sunrise in the southeast, from left to right: Mars, Saturn and Jupiter. You can watch Mars continue to pull away from Saturn for the rest of May. There will be an interesting passage of the waning last quarter Moon below Jupiter and Saturn on the morning of May 12 and passing Mars two days later. 

Venus is heading into the finale of its 2020 evening show. It begins to move increasingly quickly towards the Sun as it catches up to the Earth and it will pass between us and the Sun, also known as inferior conjunction, on June 3. It will be visible lower every day in the northwest immediately after sunset. If the 21st is clear, at about 10 p.m. you can also see Mercury pass just below within one degree of Venus. That’s about the width of your index fingernail at arm’s length. The two planets are moving in opposite directions, however; Venus is headed between us and the Sun moving west while Mercury is coming out from behind the Sun moving east. That date – May 21 – is also about the last safe time for trying to see a crescent Venus with binoculars. It is possible to see Venus in daylight but using binoculars when it’s so close to the Sun isn’t worth the risk. If using them, the Sun MUST be below the horizon for safety. A fraction of a second looking at the Sun through binoculars WILL cause permanent damage to your eyesight! 

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The moon is at perigee again – almost as close as in March and April – the morning of May 6, followed 18 hours later by a full moon. So, like the last two months, that means predicted tide ranges for a few days will about 25 per cent larger than normal. 

Regrettably, that potentially bright Comet C/2019 Y4 ATLAS seems to have fizzled out. As of April 2, the nucleus appeared to have broken into at least four pieces and the whole assemblage has faded well below any chance of naked eye visibility. As one astronomer whose name I forget said, “Comets are like cats; they have tails and they do whatever they want.”

The heavens-above website has a list of current comets with finder charts for each. 

This and all of the movements of moon and planets described can be checked out on the web at: www.heavens-above.com. The Sunshine Coast Centre of the RASC has its website at sunshinecoastastronomy.wordpress.com

On May 8 at 7 p.m. our monthly meeting will be held online using Zoom. The topic will be astrophotography and how you can get started, without a telescope or camera. All are welcome to attend. Please register by sending a request to info@coastastronomy.ca

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Tesla's Musk earns $770M in stock options, company confirms – Medicine Hat News

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By The Associated Press on May 28, 2020.

FILE – In this Sunday, Jan. 19, 2020, file photo, Elon Musk founder, CEO, and chief engineer/designer of SpaceX speaks during a news conference after a Falcon 9 SpaceX rocket test flight to demonstrate the capsule’s emergency escape system at the Kennedy Space Center in Cape Canaveral, Fla. Tesla confirmed Thursday, May 28, that CEO Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics. (AP Photo/John Raoux, File)

DETROIT – Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.

The electric car and solar panel maker’s board certified that Musk earned the big payout, according to a filing with the U.S. Securities and Exchange Commission. The filing says Musk can buy 1.69 million shares of Tesla stock for $350.02 each, but it wasn’t clear whether he had exercised the stock options. His payout is based on the difference between the option price and Thursday’s closing share price of $805.81.

Musk earned the options as part of an audacious compensation package approved by the board in 2018.

According to the filing, the board certified that Tesla had reached the milestones by hitting $20 billion in total revenue for four previous quarters and a total market value of $100 billion. The company also reached $1.5 billion in adjusted pretax earnings, but that must still be certified by the board, the filing said.

Musk has to hold the stock for a minimum of five years, under the terms of the compensation package.

Musk can afford to wait before cashing in on his latest windfall, given his wealth is estimated at $39 billion by Forbes magazine.

All told, the incentives approved by Tesla’s board in 2018 consist of 20.3 million stock options that will be doled out in 12 different bundles if the company is able to reach progressively more difficult financial goals. It’s one of the biggest corporate pay packages in U.S. history.

In order for Musk to receive all 20.3 million stock options, Tesla will have to generate adjusted annual earnings of $14 billion on annual revenue of $175 billion coupled with a market value of $650 billion. In the past four quarters, Tesla, which is based in Palo Alto, California, has reported adjusted earnings totalling $3.6 billion on revenue totalling $26 billion.

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Tesla's Musk earns $770M in stock options, company confirms – Weyburn Review

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DETROIT — Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.

The electric car and solar panel maker’s board certified that Musk earned the big payout, according to a filing with the U.S. Securities and Exchange Commission. The filing says Musk can buy 1.69 million shares of Tesla stock for $350.02 each, but it wasn’t clear whether he had exercised the stock options. His payout is based on the difference between the option price and Thursday’s closing share price of $805.81.

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Musk earned the options as part of an audacious compensation package approved by the board in 2018.

According to the filing, the board certified that Tesla had reached the milestones by hitting $20 billion in total revenue for four previous quarters and a total market value of $100 billion. The company also reached $1.5 billion in adjusted pretax earnings, but that must still be certified by the board, the filing said.

Musk has to hold the stock for a minimum of five years, under the terms of the compensation package.

Musk can afford to wait before cashing in on his latest windfall, given his wealth is estimated at $39 billion by Forbes magazine.

All told, the incentives approved by Tesla’s board in 2018 consist of 20.3 million stock options that will be doled out in 12 different bundles if the company is able to reach progressively more difficult financial goals. It’s one of the biggest corporate pay packages in U.S. history.

In order for Musk to receive all 20.3 million stock options, Tesla will have to generate adjusted annual earnings of $14 billion on annual revenue of $175 billion coupled with a market value of $650 billion. In the past four quarters, Tesla, which is based in Palo Alto, California, has reported adjusted earnings totalling $3.6 billion on revenue totalling $26 billion.

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Tesla's Musk earns $770M in stock options, company confirms – Business News – Castanet.net

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Tesla confirmed Thursday that CEO Elon Musk will get the first tranche worth nearly $770 million of a stock-based compensation package triggered by the company meeting several financial metrics.

The electric car and solar panel maker’s board certified that Musk earned the big payout, according to a filing with the U.S. Securities and Exchange Commission. The filing says Musk can buy 1.69 million shares of Tesla stock for $350.02 each, but it wasn’t clear whether he had exercised the stock options. His payout is based on the difference between the option price and Thursday’s closing share price of $805.81.

Musk earned the options as part of an audacious compensation package approved by the board in 2018.

According to the filing, the board certified that Tesla had reached the milestones by hitting $20 billion in total revenue for four previous quarters and a total market value of $100 billion. The company also reached $1.5 billion in adjusted pretax earnings, but that must still be certified by the board, the filing said.

Musk has to hold the stock for a minimum of five years, under the terms of the compensation package.

Musk can afford to wait before cashing in on his latest windfall, given his wealth is estimated at $39 billion by Forbes magazine.

All told, the incentives approved by Tesla’s board in 2018 consist of 20.3 million stock options that will be doled out in 12 different bundles if the company is able to reach progressively more difficult financial goals. It’s one of the biggest corporate pay packages in U.S. history.

In order for Musk to receive all 20.3 million stock options, Tesla will have to generate adjusted annual earnings of $14 billion on annual revenue of $175 billion coupled with a market value of $650 billion. In the past four quarters, Tesla, which is based in Palo Alto, California, has reported adjusted earnings totalling $3.6 billion on revenue totalling $26 billion.

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