Tesla (TSLA. O) shareholders on Thursday approved Musk's compensation package with a 75 percent majority, backing his vision to turn the electric car maker into an artificial intelligence and robotics giant. Under the new plan, Musk could earn up to $878 billion from Tesla stock over 10 years. Musk would get up to $1 trillion in stock but would have to make some payments to Tesla. Analysts said the vote was positive for Tesla's stock, as Tesla's valuation hinges on Musk's vision of developing au...
Tesla shares rose 8% in premarket trading, setting a new high since January 21, after rising 7.3% in the previous trading day. Tesla CEO Musk bought more than 2.50 million shares on the 12th, spending about $1 billion.
After SpaceX prepared to invest $2 billion in xAI, Musk said that Tesla plans to hold a shareholder vote on whether to invest in xAI. Musk responded to a post on X by saying that any decision to support xAI is ultimately not something he can make. Musk publicly asked X user Tesla last year if he should invest $5 billion in xAI, writing at the time that he was just testing the waters. But he said at the time that Tesla's board and supporters needed to give the green light to the decision. Tesla t...
On December 12, Tesla (TSLA. O) shares broke through the peak of $414.49 in November 2021, setting a new all-time high and rising about 3.4% in the day.
On July 10th, Tesla's stock price rebound in recent months has made the electric car manufacturer's weight in the $6.20 billion flagship fund of "Sister Wood" Cathie Wood hit a new high. According to the relevant summary data, Tesla now accounts for 15.4% of the ARK Innovation ETF (ARKK) after rebounding more than 80% from the low of the year hit in April. This is after the fund reduced its Tesla position in recent weeks. According to the analysis of Strategas Securities, such a weight represent...
Tesla's share price continued to rise, with the latest increase reaching 10%, and the share price hit its highest level since January 10.