The State Board of Administration (SBA) of the Florida Retirement System (FRS) has endorsed Tesla Inc. CEO Elon Musk’s new compensation award. As the manager of the FRS Trust Fund, the SBA oversees over $1 billion in Tesla shares and more than $280 billion in total assets.
Why Tesla Shares Are Surging Today
Tesla Inc shares are surging higher on Monday amid positive analyst coverage from Cantor Fitzgerald. The firm has boosted its Tesla price target from $355 to $510 per share, maintaining an “Overweight” rating based on continued confidence in the company’s long-term growth prospects.
Jim Cramer Endorses Elon Musk's $1 Trillion Vision: 'Love Him or Hate Him, He's a Genius'
Introduction to the ControversyRenowned TV host Jim Cramer has weighed in on Tesla’s self-driving, robotics, and AI push, defending CEO Elon Musk’s $1 trillion pay package. Cramer believes that Musk’s vision for the company is worth the investment, despite opposition from proxy advisors.
Gary Black Predicts Tesla Sales Surge Once Elon Musk Resolves Key Issue Amid Model Y's European Success
Investor Gary Black predicts that Tesla’s Model 3 and Model Y sales will surge once the company resolves a key issue in CEO Elon Musk’s plans for the company’s future. According to Black, solving for unsupervised autonomy, with a target of one critical disengagement per year, will be the catalyst for the sales boost.
Unusual Options Activity in Tesla on October 24
Deep-pocketed investors have adopted a bearish approach towards Tesla, and it’s something market players shouldn’t ignore. A significant move in Tesla’s options activity has been detected, with 787 extraordinary options activities. The general mood among these heavyweight investors is divided, with 36% leaning bullish and 50% bearish.
Jim Cramer Defends Elon Musk's $1 Trillion Pay Package, Urges Investors to Think Big
Renowned TV host Jim Cramer has backed Tesla Inc. CEO Elon Musk’s trillion-dollar compensation package, urging investors to think beyond short-term numbers and recognize the company’s broader technological ambitions and societal impact.
Tesla Expands to Five Continents with a Potential Sixth on the Horizon
Tesla Inc, led by CEO Elon Musk, is expanding its operations to new continents. With a potential entry into Africa, the company is set to mark its presence on six continents, leaving Antarctica as the only continent without Tesla’s operations.
Elon Musk Envisions Tesla's Optimus Robot as a Future Surgeon, Labeling it a Potential 'Infinite Money Glitch'
Tesla CEO Elon Musk has expressed his vision for the company’s Optimus Robot, claiming it will be an incredible surgeon and a key factor in achieving a world without poverty, where everyone has access to medical care. During the company’s recent earnings call, Musk emphasized the importance of making the robot safe and reliable.
Analysts Predict Near-Term Risks for Tesla Following Q3 Earnings
Tesla Inc. has faced mixed third-quarter results and new updates on product launch timelines, prompting analysts to weigh in on the company’s near-term risks and pressure on the stock.