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News  ›  Investing.com

Tesla Shareholder Vote Puts Musk’s $1 Trillion Award and Future at Stake

Investing.com Logo Investing.com By Dave Kovaleski
Tesla Shareholder Vote Puts Musk’s $1 Trillion Award and Future at Stake

Tesla shareholders will vote on a controversial $1 trillion performance award for Elon Musk, which includes 12 market cap and operational milestones over 10 years. The vote could determine Musk's future with the company and Tesla's strategic direction.

Insights
SWKS   positive

Leading the merger, expected to own 63% of the new company, with projected $1.10 billion Q4 revenue and potential for cost synergies


TSLA   neutral

The company faces uncertainty with EV incentives ending and pivoting to new technologies like AI and robotics, but has strong Q3 performance and potential for future growth