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🇺🇸 MORGAN STANLEY WARNS TESLA STOCK NEEDS ELON'S PAY PLAN
Tesla shareholders are about to vote on a massive new compensation package for Elon Musk, and Morgan Stanley says if it fails, the stock could drop more than 10%.
While critics speak against the proposed plan, it's
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🇺🇸 MORGAN STANLEY WARNS TESLA STOCK NEEDS ELON'S PAY PLAN
Tesla shareholders are about to vote on a massive new compensation package for Elon Musk, and Morgan Stanley says if it fails, the stock could drop more than 10%.
While critics speak against the proposed plan, it's actually just a high-stakes, performance-based deal where Elon only gets rewarded if Tesla hits insanely ambitious targets.
The targets would require an $8.5 trillion valuation to be hit and for massive leaps in AI, robots, and self-driving tech to materialize in the coming years.
If approved, Elon could earn up to 423 million Tesla shares across 12 milestones. But he can’t sell them for at least 7.5 years, even if Tesla succeeds in rewriting the future of tech.
The vote is on November 6, with many saying the decision could decide whether Tesla shoots for the stars, or gets blocked in politics here on earth.
Source: Guru Focus
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