Wedbush’s Ives sees ’bright green light’ for Musk’s $1 trillion Tesla pay plan
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Investing.com -- Tesla Inc (NASDAQ:TSLA) is heading into one of the most consequential shareholder meetings in its history this Thursday, with all eyes on a proposed multibillion-dollar pay package for CEO Elon Musk. According to Wedbush’s Dan Ives, investors will likely deliver “a bright green light.” In a note from Monday, Ives said he expects shareholders to overwhelmingly approve Musk’s compensation plan, which could ultimately be worth around $1 trillion if all performance targets are met.
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Investing.com -- Tesla Inc (NASDAQ:TSLA) is heading into one of the most consequential shareholder meetings in its history this Thursday, with all eyes on a proposed multibillion-dollar pay package for CEO Elon Musk. According to Wedbush’s Dan Ives, investors will likely deliver “a bright green light.” In a note from Monday, Ives said he expects shareholders to overwhelmingly approve Musk’s compensation plan, which could ultimately be worth around $1 trillion if all performance targets are met.