Reported about 20 hours ago
Elon Musk has faced a rollercoaster year marked by declining earnings and controversies, yet he continues to get richer. Tesla reported a 37% plunge in third-quarter earnings as vehicle sales faltered due to boycotts tied to Musk's political stance. However, shareholders may approve a massive trillion-dollar compensation package for Musk, betting on future breakthroughs like driverless robotaxis and energy innovations. Despite regulatory investigations and past disappointments, many investors remain confident in Musk's vision and potential to turn Tesla's fortunes around.
Source: YAHOO