Reported 1 day ago
Cathie Wood confidently asserts that Elon Musk's $1 trillion pay package from Tesla will pass decisively in the upcoming shareholder vote, despite opposition from proxy firms and index funds. This monumental deal, which could significantly increase Musk's control over Tesla if performance targets are met, is set for a vote on November 6. While critics voice concerns about its scale, Wood argues that institutional bias against the package will not sway retail investors, who she believes will ultimately drive its approval.
Source: YAHOO