Tesla and Musk; Berkshire Reports; Blade Acquisition
On this episode of Stock Movers:- Tesla (TSLA) share are higher as it approved an interim stock award of 96 million shares for Chief Executive Officer Elon Musk. The Tesla board emphasized the importance of retaining Musk at the helm, saying the reward was a first step 'good faith' payment to Musk. A special board committee has been exploring ways to offer Musk a new compensation agreement after his prior plan was voided by the Delaware Chancery Court.- Berkshire Hathaway (BRK.B) shares are lower after Warren Buffett’s company took a $3.8 billion impairment on its Kraft Heinz stake…
The skinny
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