Tesla (TSLA) shareholders will vote on CEO Elon Musk’s pay package, which could be valued at up to $1 trillion, at the EV maker’s annual meeting on November 6. This pay package stipulates very specific operational goals Musk must meet, including reaching a market cap of $8.5 trillion over the next decade. Hear Elon Musk defend the $1 trillion pay package on Tesla’s earnings call.
Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber — a longtime Tesla investor and Musk critic — explains why he finds the pay package to be the “most absurd” in the “history of business.”
Read up on Yahoo Finance’s coverage of Tesla’s third quarter earnings results and why investors may be looking to the EV company more for its growth in robotics.
To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here: https://finance.yahoo.com/videos/series/market-domination/
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