Tesla CEO Elon Musk Says A New Compensation Package With High Targets 'Would Be Nice'
Portfolio Pulse from Anan Ashraf
Elon Musk, CEO of Tesla Inc (NASDAQ:TSLA), has expressed interest in a new compensation package, as he has not received a salary since 2019 and his last options under a 2018 package were granted early in 2023. Tesla shareholders are advocating for a new package with significant goals, reflecting Musk's substantial impact on the company's success. Tesla's stock closed at $218.89, reflecting a 17,000% increase since its listing.
January 15, 2024 | 10:58 am
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POSITIVE IMPACT
Elon Musk's interest in a new compensation package could signal to investors his continued commitment to Tesla, potentially influencing the stock's performance positively in the short term.
Elon Musk's compensation is closely tied to Tesla's performance, and his interest in a new package may be seen as a commitment to the company's future success. This could boost investor confidence and potentially lead to a short-term increase in stock price. However, without specific details on the package, the impact is not fully certain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90