Tesla Share Price Rises on Musk Pay Package Approval

2 months ago

Carmen Reini

"Tesla shareholders have approved Elon Musk's $1 trillion pay package. This crossing just about, uh, 5 minutes to 5:00 Wall Street time. I'm seeing it up about 2%. Obviously, investors really like when Elon is focused on Tesla when he's not doing other things and it has their full attention. This positive reaction is already showing in after hours trading."

The commentary on Tesla (TSLA) centers around the recent approval of Elon Musk's significant pay package, which has coincided with a 2% rise in after hours trading. The sentiment is that investors are pleased to see Musk focus on Tesla, suggesting that continued focus could be a catalyst for further positive performance.

Related Stocks