Tesla (TSLA) shareholders approved CEO Elon Musk's potential $1 trillion pay package Thursday, with more than three-quarters of all stock holders approving this historic package. This plan has high hurdles for Musk and the $1 trillion payday only fully kicks in when TSLA achieves a market cap of roughly $8.5 trillion. I want to use put options to create an income as volatility is heightened in this feverishly debated "Magnificent Seven" member. Tesla's current market cap is slightly under $1.5 trillion. Year-to-date, the AI-focused stock that is covertly cloaked as a car company is up more than 7%. This high beta (2.06 beta) and volatile tech company historically trades at a high implied volatility. Tesla evolution and chip design aspirations continue to encourage shareholders despite not

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