Tesla needs 'to find ways to reward Elon Musk as tech innovator': analysts

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Go back to Tesla needs 'to find ways to reward Elon Musk as tech innovator': analysts

BofA: Four reasons why Big Tech's reign will end

June 3, 2024 7:45 AM EDT

According to analysts at Bank of America, the dominance of Big Tech may be nearing its end. As the "Magnificent Seven" tech giants have grown larger in the S&P 500, several macroeconomic and sector-specific trends signal potential challenges ahead, according to the bank.

Firstly, BofA points out that the primary driver of Tech outperformance has been... More

Morgan Stanley Reiterates Overweight Rating on Tesla (TSLA)

May 31, 2024 9:40 AM EDT

Morgan Stanley analyst Adam Jonas reiterated an Overweight rating and $310.00 price target on Tesla (NASDAQ: TSLA).

The analyst comments "We've encouraged investors to pay close attention to the June 13th shareholder vote due to its significance to the long-term strategic direction of the company. We believe that CEO Elon Musk needs Tesla... More

Proxy advisory firm ISS recommends against Tesla CEO Musk's $56bn pay - Reuters

May 31, 2024 8:05 AM EDT

According to a report from Reuters on Friday, Institutional Shareholder Services (ISS), a top proxy advisory firm, has recommended that Tesla (NASDAQ: TSLA) shareholders vote against ratifying CEO Elon Musk's $56 billion pay package, calling it excessive.

Reuters said in a report Friday that... More