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TSLA Sep 2024 45.000 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 leaves out goal of delivering 20 million vehicles annually in impact report
(Reuters) -Tesla has left out its goal of delivering 20 million vehicles a year by 2030 in its latest impact report published on Thursday, another sign the company is tempering its auto ambitions as it shifts focus to robotaxis. CEO Elon Musk had said in 2020 that Tesla aspired to sell 20 million vehicles by the end of the current decade - twice as many as those sold by Toyota, the world's largest automaker. The change in strategy, first reported by Reuters in April, means that Tesla plans to use current product lines for new affordable vehicles - a move that would result in smaller cost reduction than expected and modest volume growth.
