Elon Musk, Tesla
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Investor's Business Daily on MSN
Tesla Stock Near Buy Point With Shareholders To Decide The Fate Of Musk's 'Robot Army'
Tesla TSLA stock is trading around a buy point with the EV giant's annual shareholder meeting scheduled after the stock market close Thursday. Investors will decide whether to approve CEO Elon Musk's $1 trillion pay deal along with Tesla investment in xAI and several other measures.
Tesla shareholders approved Elon Musk's $1 trillion pay package. A vote to authorize an investment in xAI wasn't conclusive.
The money will be awarded in a series of payments over 10 years if Tesla meets a series of performance benchmarks.
Every day, dozens of human "data collectors" repeat each activity hundreds of times to train Tesla's Optimus robots.