Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned
Tesla CEO Elon Musk could leave if $56 billion pay package not approved, shareholders warned
‘This is obviously not about the money,’ Tesla’s board chair writes — presumedly with a straight face.
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The stock will go through the roof if he goes....It'll drop at first as the fanboys bail, but then institution's will have faith again and invest and it will pop off when he stops kneecapping the company.
I think the rebound would wait until a new leader was named and would depend on who that is.
I don’t know enough to have my own solid thoughts on this, but people I trust and know more than me have all said that Tesla is wildly over valued compared with any other auto makers and considering their P to E. Considering that, I’ve been thinking that once the Musk distortion field goes away, the price may just drop down to where it “should be” by normal standards.
My heart agrees with what you’ve said, implying that musk is actually holding back the price at this point, but my brain says that might not actually be true.