The recent news revolving around Tesla (TSLA) shows a mix of optimism and skepticism about the company's future. There are loud debates about the potential for the company to once again become a $1 trillion company amidst considerable controversy primarily focused on Elon Musk's extraordinary pay package that values at $56 billion. This has even led to shareholder lawsuits and institutional rebuff from the likes of Norway's oil fund. Opinions about the stock are divided, with ambiguous sentiment on whether shares will rise or fall.
Meanwhile, Musk's autonomy vision is not getting wide acceptance, influencing stock forecasts. Despite a round of layoffs within the company and declining sales in China, the company is gearing up for Q2 deliveries and registration for its Full Self Driving (FSD) software in China. Astonishingly, if someone had invested <$b>10,000 in TSLA 12 years back, they would be sitting on a fortune today. Analysts like Wedbush believe next week's vote on Musk's ambitious pay package could be a positive for the stock.
Tesla TSLA News Analytics from Wed, 24 Jan 2024 08:00:00 GMT to Sun, 09 Jun 2024 22:48:15 GMT - Rating -3 - Innovation -1 - Rumor 5
