I would not follow and buy at the moment, as I think there will be a dip coming due to profit takers selling. If it really dips, I may consider buying. I think it's unlikely to surpass $488, at most maybe stagnant around $430 to $440 range?
1 Trln Pay Package Approved! Tesla Sell the News: Hold for Long Term?
On November 6, more than 75% of shareholders voted in favor of Tesla CEO Elon Musk’s new compensation package.
Under the plan, if Musk meets a series of milestones over the next ten years, he will gradually receive about 423.7 million restricted stock units (RSUs) — up to USD 1 trillion.
Can Musk realistically hit these ambitious milestones in the next decade?
Will this massive pay package truly align Tesla’s growth with shareholder interests
After the approval, is Tesla a “sell the news” trade — or a long-term conviction hold?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments