Core Viewpoint - William Blair maintains a "Market Perform" rating for Tesla, advising investors to hold the stock amidst significant developments, including a proposed compensation plan for CEO Elon Musk [1][6] Group 1: Stock Performance - Tesla's stock is currently trading at $354, reflecting a 4.5% increase for the day [2] - The stock has fluctuated between a low of $344.68 and a high of $355.87 during the day, with a yearly high of $488.54 and a low of $210.51 [5] Group 2: Compensation Plan for CEO - The proposed compensation plan for Elon Musk could potentially be valued at $1 trillion, aiming to retain him as CEO for the next decade [2][6] - The plan is structured around 12 tranches of stock awards, contingent on Tesla achieving extraordinary milestones over the next decade [3] - If successful, Musk could receive over 423 million additional shares, increasing his ownership from about 13% to nearly 29%, significantly enhancing his voting power [4]
Tesla (NASDAQ:TSLA) Maintains "Market Perform" Rating Amidst CEO Compensation Plan News