For all the headlines about an on-off relationship with Donald Trump, liberals and misbehavior, Tesla shareholders are dealing on the part of Elon Musk.
Investors in the electric car seller voted Thursday to put the world’s richest man on track to become the world’s first trillionaire, despite the controversy that now surrounds his public profile.
Shareholders approved the $ 1TN Compensation Plan, which will give the largest corporate priageut in history if there is a series of look value of $ 1.4TN to $ 8.5TN (£ 1.06tn to £ 6.06tn). Musk’s fortune, which includes a stake of about 12.5% in Tesla, is worth $461bn.
“Musk is Tesla and Tesla is musk,” said Dan Ives, a managing director of the US Financial Firm. “Despite some of the brand damage Tesla caused during his political stint, Tesla’s AI future depends on Elon.”
Ives is a deliberate self-described Tesla “who nevertheless often raises concerns about the damage political economy is doing to the most famous brands of the economy.
Tesla Sales have suffered as Tesk’s on-off relationship with Trump – funding his presidential campaign and his led cuts to indoor vehicles.
There were signs of trouble before this, with a strong strategic vision of Tesla’s recording of Tesla (now x) in Placture that banned illegal accounts.
Other contributing factors surround the Trump Soap Opera, such as reports of what many say is drug involvement and public service at political rallies.
At one point in March, Ives warned that Tesla and Musk were injured in a “brand Tornado Crisis” as the backlash against the global problem fell into the global problem. Other factors at play in Tesla’s commercial wobbles, not least competition from Chinese-made cars, but Musk’s misgivings have had an impact.
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So why are investors sold through musk? Shares of Tesla have risen by nearly two-thirds since May, when the Tesla Chief Executive announced that he was leaving the Trump administration through the fall of the President publicly). The third quarter’s returns – a proxy for sales – are in line with Wall Street’s previous estimates of electric credits in electrics exploited by electrical consturs by quitting electrical consturs by quitting electrical considerations by electrical consuls by electrical consuls by electrical considerations by electrical considerations by quitting electrical considerations consle of electral availed of electral credits to quit chancles of electral availed of electral consles
Another factor is the US investor culture that supports emerging startups and entrepreneurs. For example, Mark Zuckerberg’s Control of Meta has not been challenged and Jeff Bezos had a long reign at the top of Amazon before participating in the development of the company, instead of wanting to leave everything.
“Money talks more,” said Neil Wilson, a market strategist.
Musk’s other incentives $ 1TN PAY PACKAGE PATIENT Include the delivery of about 20m Tesla vehicles, 10m self-driving car subscriptions, 1m human robots and 1m robotaxis. These targets, especially robots and autonomous cars, require the kind of entrepreneurial and technological chutzpah demonstrated by Tesla and his rocket company SpaceX.
Matthias Schmidt, an analyst of the auto industry, said that the additional value of the value brought by the stock of Tesla is “unfailing” and made himself “.
However, Schmidt added that Tesla’s car core has reached its peak and described its autonomous vehicle plans as “definitely not the best on the market”.
“Are shareholders not good at looking at past performance instead of looking at future prospects? Maybe!” He said.
Most Tesla investors are willing to bet $1TN.