Dan Ives Calls It A 'Monumental Day' For Tesla, Predicts Trillion Dollar Market Cap — Ross Gerber: 'Love To See' Elon Musk Running The Company Again
Portfolio Pulse from Kaustubh Bagalkote
Tesla's recent shareholder meeting saw strong support for Elon Musk's leadership, with shareholders reapproving his multibillion-dollar pay package. Analyst Dan Ives predicted a trillion-dollar market cap for Tesla, while investor Ross Gerber, previously critical of Musk, expressed optimism about his management.
June 14, 2024 | 1:43 am
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Tesla's shareholders reapproved Elon Musk's multibillion-dollar pay package, indicating strong support for his leadership. Analyst Dan Ives predicts a trillion-dollar market cap, and investor Ross Gerber, previously critical, expressed optimism about Musk's management.
The reapproval of Musk's pay package and the positive comments from both Dan Ives and Ross Gerber are likely to boost investor confidence in Tesla. This could lead to a short-term increase in TSLA's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100