Reported about 1 year ago
A Tesla shareholder vote approving Elon Musk's significant pay package spurs enthusiasm in the company's growth prospects beyond automotive, yet Summit Global Investments CIO Dave Harden deems Musk's compensation 'excessive' and advises against buying Tesla shares currently due to diminished major growth potential and Musk's unpredictable nature. On the contrary, analysts like Wedbush's Dan Ives foresee Tesla's market cap topping $1 trillion by 2025, while Ark Invest's Cathie Wood projects a stock price of $2,600 by 2029, and Clean Energy Transition's Per Lekander proposes a $15 price target. For more expert insights and market updates, visit Yahoo Finance.
Source: YAHOO