Tesla CEO Elon Musk's $46 Billion Pay Package Vote

Reported 7 months ago

As Tesla awaits the final votes on CEO Elon Musk's $46 billion pay package, opinions differ among investors. While Laffer Tengler Investments CEO Nancy Tengler supports Musk, citing his achievements in surpassing targets and driving shareholder value, MDB Capital Holdings President Lou Basenese remains cautious, comparing Musk to Apple CEOs Steve Jobs and Tim Cook. Despite concerns about Musk's behavior and board relations, Tengler believes in Tesla's future growth potential with AI developments, strong margins, and profitability. A Yahoo Finance poll revealed 93% of respondents voting against Musk's pay package, emphasizing the ongoing debate surrounding his leadership and compensation.

Source: YAHOO

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