Reported 7 months ago
In a Yahoo Finance Video, CFRA research analyst Garrett Nelson discusses the positive alignment of Tesla CEO Elon Musk's incentives with shareholder interests, highlighting his incentive-based compensation plan and successful delivery for shareholders. Nelson notes that retail investors overwhelmingly support Musk, needing only a fraction of institutional investor support, which he appears to have received. He reiterates a Buy rating on Tesla and increases the price target to $230, emphasizing Tesla's focus on AI and autonomous driving for future growth.
Source: YAHOO