Though Tesla (TSLA) shareholders voted to reinstate Elon Musk’s pay package on Thursday afternoon, some investors and analysts told Yahoo Finance they remain skeptical. “The whole thing is a game of chicken and the shareholders blinked,” early Tesla investor Ibrahim AlHusseini said. “Fear of loss is a big motivator and Elon wielded that psychological mechanism
US stocks pulled back on Friday, signaling a retreat from all-time highs as European turmoil rattled nerves and Elon Musk’s pay package win thrust Tesla (TSLA) center stage. The Dow Jones Industrial Average (^DJI) sank about 0.5% to lead the declines, while the S&P 500 (^GSPC) shed 0.4%. The tech-heavy Nasdaq Composite (^IXIC) dropped 0.3%.
By Gwladys Fouche OSLO (Reuters) – Tesla investor KLP, Norway’s largest pension fund, will vote in favour of a shareholder proposal urging the U.S. electric vehicle maker to engage in wage and other labour negotiations as it continues to face industrial action in Sweden. A strike by Tesla mechanics in Sweden, among the country’s longest
By Hyunjoo Jin SAN FRANCISCO (Reuters) – Elon Musk is offering factory tours to 15 Tesla shareholders who vote on his $56 billion pay package at the upcoming meeting, the latest effort by the electric vehicle maker to rally votes for the compensation after a court struck it down. The upcoming vote is seen as
By Chibuike Oguh NEW YORK (Reuters) -U.S. stocks ended higher on Monday, with sharp gains for Tesla and Apple leading the way, as investors looked toward what the Federal Reserve would say about the interest rate outlook after its policy meeting this week. Traders expected the Fed to keep rates unchanged while striking a hawkish
Tesla (TSLA) stock jumped in post-market trading after the company said it would accelerate the launch of more affordable vehicles. “We have updated our future vehicle line-up to accelerate the launch of new models ahead of our previously communicated start of production in the second half of 2025,” Tesla said in its first quarter shareholder
Elon Musk defended his prescription for ketamine, saying his usage of the drug helps him alleviate a “negative chemical mind state” that his usage benefits investors in Tesla, the electric car maker he leads as CEO. Musk made the comments in an hour-long interview with former CNN host Don Lemon, who posted the sometimes contentious