Subramanyan
07-26

Today's rise, I think, is more a dead 🐈 bounce. I repeat myself here: unless Tesla does something revolutionarily new, something like what Apple did iPod & later iPad and iPhone, it will languish this way. The fact that Elon also is heard & seen tweeting more of politics and not at all on his business send the feeling that he isn't serious on the business as such. Overall not a very positive sign.

1 Trln Pay Package Approved! Tesla Sell the News: Hold for Long Term?
On November 6, more than 75% of shareholders voted in favor of Tesla CEO Elon Musk’s new compensation package. Under the plan, if Musk meets a series of milestones over the next ten years, he will gradually receive about 423.7 million restricted stock units (RSUs) — up to USD 1 trillion. Can Musk realistically hit these ambitious milestones in the next decade? Will this massive pay package truly align Tesla’s growth with shareholder interests After the approval, is Tesla a “sell the news” trade — or a long-term conviction hold?
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