Straits Times Index
3,322.62 +14.72 (+0.45%) S&P 500
5,321.34 +14.33 (+0.27%) Dow
39,421.42 -249.62 (-0.63%) Nasdaq
16,943.64 +142.10 (+0.85%) Bitcoin USD
68,070.98 -2,279.82 (-3.24%) CMC Crypto 200
1,473.59 -29.08 (-1.93%)
TSLA Aug 2024 425.000 call
- Yahoo Finance Video
Elon Musk pushing boundaries of CEO compensation packages
Tesla CEO Elon Musk (TSLA) is once again pushing for a pay package worth $56 billion, which originally was struck down by the Delaware Chancery Court earlier this year. Many CEOs are following in Musk's footsteps as, according to the Wall Street Journal, the number of S&P 500 CEOs to receive compensation above $50 million has risen to 36 in a period from 2019 to 2023. Yahoo Finance Legal Reporter Alexis Keenan joins Catalysts to break down the advent of CEOs pushing the limits of compensation pay packages. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Nicholas Jacobino
- Barrons.com
Tesla Got a Mention From Nvidia. Its Stock Is Down Anyway.
The stock has settled between its 50-day and 100-day moving averages. Investors appear to be waiting for news to break the shares out of their recent range.
- Reuters
Tesla drops reference to its goal of delivering 20 million vehicles annually in impact report
Musk said in 2020 that Tesla aspired to sell 20 million vehicles by the end of the current decade - nearly twice as many as those sold by Toyota, the world's largest automaker. However, Musk and the company have shifted tact, focusing on autonomous driving technology as a primary growth driver for the firm, with the automaker set to unveil its robotaxi, dubbed "Cybercab", on Aug. 8. CEO Elon Musk said last month that Tesla would use current product lines for new affordable vehicles, as it retreated from more ambitious plans to produce an all-new model that was expected to cost $25,000.
