Wedbush's Dan Ives Says 'Pivotal To Make Sure Musk Stays At Tesla Through 2030,' Urges Board To Resolve Compensation Dispute
Portfolio Pulse from Benzinga Neuro
Tech analyst Dan Ives has called on Tesla Inc.'s board to secure Elon Musk's leadership through 2030 with a new compensation package, emphasizing the importance of Musk's role in AI and Full Self-Driving. This comes amid a tense climate following a court decision to nullify Musk's $56 billion stock compensation plan, prompting calls for corporate governance changes at Tesla.
February 09, 2024 | 6:28 am
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Dan Ives' call for a new compensation package for Elon Musk aims to secure his leadership at Tesla, especially in AI and FSD, through 2030. This is crucial as Tesla faces governance challenges and a nullified $56 billion stock compensation plan for Musk.
Dan Ives' advocacy for securing Musk's leadership with a new compensation package underscores the importance of Musk to Tesla's future, especially in AI and FSD. Given the recent court ruling against Musk's previous compensation plan and the push for governance changes, securing Musk's position could reassure investors and potentially stabilize or boost Tesla's stock in the short term. Musk's pivotal role in Tesla's innovation and strategy makes this situation highly relevant and important to investors.
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