Tesla Shows Mixed Reaction Post Pay Package Approval

2 months ago

Carol Masser

"I think it's an unavoidable company. I mean, you know, the stock has kind of been going up and down since we heard the news that three quarters of the company shareholders approved that one trillion dollar pay package for Elon Musk. Today it closed about 3.7 after hours. I think it shows like the mixed reaction to the pay package. On one hand he'll stick around to scale Tesla. He had threatened to leave it if he didn't get that pay package approved and he also actually does have some lofty goals to meet before getting that money."

The speaker discusses Tesla's volatile reaction following shareholder approval of Elon Musk's massive pay package, noting mixed market signals as Musk faces challenging performance targets.

Related Stocks