Tesla and Elon Compensation; Broadcom-OpenAI; Lulu Tariff Hit
On this episode of Stock Movers:- Tesla (TSLA) shares are higher on news it proposed a new compensation agreement for Chief Executive Officer Elon Musk potentially worth around $1 trillion. The plan sets a series of ambitious benchmarks Musk must meet to earn the full payout, including expanding Tesla’s robotaxi business and growing the company’s market value to at least $8.5 trillion. The additional shares Musk could receive would push his stake in the electric-vehicle maker to at least 25%, according to the terms detailed in Tesla’s proxy filing.- Broadcom (AVGO) shares…
The skinny
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