Tesla Vote Lifts Cloud Off Stock Even as Deeper Woes Lie Ahead

Bloomberg06-13

Tesla pares gains, rising 3.5% now.Signs that Tesla Inc. shareholders are set to approve a $56 billion pay package for Elon Musk have given the stock a boost, but the electric vehicle-maker faces ...

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Comments

  • SM21120
    06-14
    SM21120
    Share your opinion about this news…
  • Dr Rck
    06-13
    Dr Rck
    Whether or not EM gets compensation, business is as usual! Fundamentals are key to ensure investors see their returns just like Nvidia which only recently shot up due to AI. When will you see robotaxi become something that people will adopt as part of their lifestyle? EM is fantastic but reality is this may take another year or more to be on the road. But when interest rate cuts come next year, will you buy new cars or take robotaxis?
    • KSR: 
      👍
    • Ra007: 
      EM is a maverick but has a fanatic fan following
  • Takiho
    06-13
    Takiho
    Ok 👌 
  • xXxZealandxXx
    06-13
    xXxZealandxXx
    “At the end of the day, investors want to see earnings grow,” said Adam Sarhan, founder and CEO at 50 Park Investments. “Once Tesla can show investors that earnings will steadily increase, the stock will most likely come back into favor.” Damm straight!
  • Goyanz
    06-13
    Goyanz
    Don't forget, Tesla is a tech company that makes cars,  once wall st sees value in its other adventures  the price will sky rocketin a few years
  • Drdeedee
    06-13
    Drdeedee
    56b is like 10 percent of the company. The company is facing big competition, technology may not be as good as the China ev car and more expensive. Now you pay 10 percent of the market cap to him For non performance. Think about it.... 
    • Sylim888: 
      Without elon do you think tesla would have grown to be at 560+ billion today? This is about an agreement made in 2018 when tesla valuation was 56 billion. Think about it…
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