Tesla stock is trading along a key support level ahead of the annual shareholder meeting on Thursday.
Very quietly, self-driving vehicles are on the verge of becoming mainstream. In China, robotaxis have become so popular that their makers are nearly breaking even financially and will probably become profitable in 2025.
The massive pay package for CEO Elon Musk is a huge topic for investors this week. Analysts and institutional shareholders are squaring off on the potential final tally.
Norway's sovereign fund said it will vote against Tesla (NASDAQ:TSLA) boss Elon Musk's bonus at this week's shareholder meeting, joining the list of organisations objecting to the $56 billion pay package. The vote at the annual general meeting (AGM) on June 13 will include a proposal from the board to ratify whether Musk should receive the giant pay package.
Norway's sovereign fund said it will vote against Tesla (NASDAQ:TSLA) boss Elon Musk's bonus at this week's shareholder meeting, joining the list of organisations objecting to the $56 billion pay package. The vote at the annual general meeting (AGM) on June 13 will include a proposal from the board to ratify whether Musk should receive the giant pay package.
With major Tesla shareholders appearing divided over whether to endorse Elon Musk's $56 billion pay package, the company also is looking for support from retail investors who make up an unusually high percentage of the electric carmaker's ownership base.
Tesla shareholders might have another reason to vote for Elon Musk's pay package this Thursday. Musk has been touting the benefits of having Tesla be a part of his business empire.
Norway's sovereign wealth fund will oppose Elon Musk's $56 billion pay package at Tesla. Tesla shareholders will vote on the deal on Thursday.
Tesla delivered wealth-building returns to those who invested near when the Model S launched in 2012. Higher interest rates have weighed on demand and the stock's recent performance.
Tesla will not launch a refreshed Model Y this year, chief executive Elon Musk said in a post on social media X on Saturday.
The best China stocks include Tesla archrival BYD as well as messaging and gaming giant Tencent and e-commerce leader PDD Holdings.
After the deal was struck down in court in January, investors will be asked to endorse it again this week