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
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
Down 35% year to date, Tesla‘s (NASDAQ: TSLA) stock has been in a tailspin as challenges like high interest rates and softening electric vehicle (EV) demand weigh on its business performance. That said, investor sentiment seems to be improving following the company’s first-quarter earnings call, when CEO Elon Musk outlined his vision for the future.
Tesla (NASDAQ: TSLA) didn’t have a lot of good news to share with investors in its first-quarter earnings report this week. As the company said in its summary, challenges including the Red Sea conflict, an arson attack at its factory in Berlin, and the ramp-up of its updated Model 3 all added to costs and
(Bloomberg) — When Elon Musk announced he’ll unveil a Tesla Inc. robotaxi in August, it was a clear attempt to arrest a spiral for the once high-flying carmaker. Most Read from Bloomberg Tesla shares already had been sinking before the company reported anemic quarterly delivery figures on April 2. Days later, Reuters reported the automaker
Tesla stock (TSLA) is tumbling after the EV maker reported a significant delivery miss for the first quarter. The Q1 delivery report comes after Tesla warned in January that its vehicle volume growth rate would be “notably lower” than in 2023. For Q1, Tesla reported 386,810 global deliveries, well below estimates of 449,080 as compiled
JasonDoiy / Getty Images Even though Tesla’s stock value has had a rough couple of months, the electric car manufacturer is still worth 10 times more than it was 10 years ago. As one of the top stocks in the S&P 500, Tesla has driven a good share of the market’s growth in recent years.