Tim Higgins, Wall Street Journal business columnist, joins 'Squawk Box' to discuss Tesla's annual meeting today, fate of CEO Elon Musk's $1 trillion pay package, what happens if the pay package is not approved, Tesla's valuations, and more.
Tesla shareholders will decide on Thursday whether to pay CEO Elon Musk up to $878 billion, the richest executive pay in history by a long shot.
The fate of Tesla—or, at least, the answer to the question of whether its chief Elon Musk stays or walks—could rest on today's shareholder vote.
Tesla shareholders will determine on Thursday the fate of a massive pay package meant to retain Elon Musk long enough to achieve technological breakthroughs he vows will change the world.
The countdown is nearly over. Later on Thursday, Tesla Inc (NASDAQ:TSLA) shareholders gather in Austin for what could be one of the most consequential votes in the company's history, a meeting that pits Elon Musk's towering ambitions against growing unease over power, pay, and priorities.
As Tesla approaches 2026, the company is entering one of the most catalyst-rich periods in its history. With breakthroughs spanning robotaxis, humanoid robots, and energy storage, investors will be forced to think of Tesla as far more than an automaker.
Tesla shareholders must consider a complex web of stock-price milestones and operational goals.
The only thing more outlandish than Elon Musk's demand for a $1 trillion pay package is the idea that Tesla's shareholders will grant it. And yet that appears to be the way things are going, with everyone from massive investment funds to small, individual investors likely to approve a pay package so vast the new Pope has decried it.
Design work on the Roadster has ramped up at Tesla, according to sources. Work on the EV sports car resumed this summer after being largely paused for more than a year.
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Shares of Tesla (TSLA) fell 1.30% two weeks ago, after the EV giant reported mixed third-quarter results. Elon Musk's company said overall revenue rose 12%.
Tesla Inc NASDAQ: TSLA looks like it's about ready to make another major move, and this time, it could be the one that finally sends the stock to $500. After spending the past few weeks consolidating between $400 and $470, shares are showing all the signs of a bullish setup that's about to resolve higher.