Reaction to Tesla shareholders approving Elon Musk's $56 billion pay package
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Morgan Stanley on Tesla (TSLA): 'He’s back'
June 14, 2024 6:49 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).
The analyst comments "Hes back. Tesla investors can now expect Elon Musk to remain CEO of the company. We expect he will be present on the 2Q conference call and that Tesla will go forward with hosting a robotaxi event in Austin on... More
Morgan Stanley Comments on Elon Musk Tweet Re: Tesla (TSLA) Vote
June 13, 2024 11:52 AM EDTMorgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA)
The analyst comments "According to the WSJ, Tesla CEO Elon Musk posted on X that preliminary voting results indicate both major shareholder resolutions to ratify Musk's 2018 compensation package and reincorporate the company in Texas are "currently passing by... More
Approval of Musk's compensation package removes $25 overhang on Tesla stock, says analyst
June 13, 2024 7:03 AM EDT(Updated - June 13, 2024 7:53 AM EDT)
Tesla (NASDAQ: TSLA) shareholders have voted to approve a $56 billion pay package for Elon Musk and to move the electric vehicle (EV) maker's legal headquarters to Texas, the CEO announced on social media on Wednesday.
Musk noted that the approvals passed by wide margins.
"Thanks for your... More
