TSLA Mar 2025 85.000 call
- Yahoo Finance Video
Tesla is biggest market bubble in world history: Short seller
Tesla's (TSLA) stock momentum seems to have stalled Friday morning after shareholders voted to approve CEO Elon Musk's pay packages — valued at nearly $46 billion — at the company's annual shareholder meeting on Thursday. Many analysts and Wall Street experts have shared new, incredibly bullish forecasts for the EV company, including Wedbush's Dan Ives — whose latest call sees Tesla's market cap reaching over $1 trillion in 2025 — and Ark Invest (ARKK) Founder, CEO, and CIO Cathie Wood, who believes the stock could reach $2,600 by 2029. However, not everyone shares this enthusiasm around Tesla and Elon Musk. Clean Energy Transition CEO and Portfolio Manager Per Lekander — a long-time Tesla short-seller — joins The Morning Brief to explain his $15 price target, likening Tesla to "the next Enron." "Let's not forget, that the stock is down 60% from all-time high at the same time as the market has gone up, 20, 25% in the meantime," Lekander says, citing Tesla's earnings and its year-to-date stock losses. "So the stock needs to go down. Once it goes down, it's going to go down more. And I think what drives it down is earnings. And I think we are very, very close to the turning point because so far it's been a slippery slope. They've sold cars poorly therefore they lowered the price, therefore earnings went down..." Lekander characterizes Musk as "missing... what's going on in the overall EV space" coming out of COVID-19 pandemic trends. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why. Is Elon Musk the right fit as Tesla's CEO? Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
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Elon Musk wins Tesla pay vote, stocks under pressure: Yahoo Finance
Tesla (TSLA) CEO Elon Musk has billions of reasons to celebrate this morning after shareholders approved his historic pay package. The nearly $50 billion package received over 70% support in the vote. Shareholders also approved the company's re-incorporation to the state of Texas, leaving Deleware. On Wall Street, stocks are under pressure as uncertainty in several areas of the world appears to be weighing on the major indices. The selling follows fresh highs from the S&P 500 (^GSPC), with both it and the Nasdaq (^IXIC) set to end the week higher. Yahoo Finance trending tickers include Adobe (ADBE), Shopify (SHOP), and Super Micro Computer (SMCI). Key guests include:9 a.m. ET - Dan Ives, Wedbush Securities Managing Director & Senior Equity Analyst9:15 a.m. ET - John Stoltzfus, Oppenheimer Chief Investment Strategist10 am. ET - Rob Arnott, Research Affiliates Founder and Chairman11 a.m. ET - Dave Harden, Summit Global Investments CIO
- Yahoo Finance Video
Elon Musk is an 'irreplaceable' CEO: Analyst
Tesla (TSLA) shareholders have voted in favor of CEO Elon Musk, approving his controversial $56 billion pay package. Joining Asking for a Trend to discuss the implications of this shareholder vote is Craig Irwin, Senior Research Analyst at ROTH MKM. Irwin acknowledges Musk's transformative impact on Tesla and the electric vehicle industry, describing him as an "alchemist" who has orchestrated the company's remarkable growth and driven the success of the entire EV sector. He deems Musk an "irreplaceable" CEO, underscoring his pivotal role in Tesla's trajectory. While Irwin maintains a bearish outlook on Tesla's stock, he cannot deny the profound impact Musk has "had on the world". "Clearly, Musk controls the company," Irwin states. "The board does not control the company; the board is there for governance and is doing its best. But Musk is such a big personality and such a charismatic, important leader, not just for Tesla but for the industry. It's hard to imagine the board controlling him." For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith
