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Elon Musk's pay-deal vote is the ultimate 'meme stock' test for Tesla, investor says [Yahoo! Finance]

Tesla, Inc. (TSLA)  More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Without him, Tesla will start to trade like a car company, at a discount to current levels, he said. Tesla 's path forward in the stock market is now in the hands of its shareholders as they vote on CEO Elon Musk's $47 billion compensation package , says investor Roger McNamee. If the pay deal doesn't get approved, it could likely cost the company Musk's leadership, he said in a CNBC interview "It's a test of Tesla as a meme stock, because if Musk is no longer viewed as central to the story going forward, then I think Tesla starts to trade like a car company, as opposed to an extension of Elon Musk," the Elevation Partners co-founder said. The sentiment echoes prior criticism Tesla has faced, with short-sellers like Jim Chanos nicknaming it a "hopes and dreams" stock : its success built more on a fascination with Musk, and not based in fundamentals It's the latest hurdle for the electric-vehicle maker, which has seen shares tank close to 40% this year, and who just announce [Read more]
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Stockreport

Elon Musk's pay-deal vote is the ultimate 'meme stock' test for Tesla, investor says [Yahoo! Finance]

Tesla, Inc.  (TSLA) 
More Company Research Source: Yahoo! Finance
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Without him, Tesla will start to trade like a car company, at a discount to current levels, he said. Tesla 's path forward in the stock market is now in the hands of its shareholders as they vote on CEO Elon Musk's $47 billion compensation package , says investor Roger McNamee. If the pay deal doesn't get approved, it could likely cost the company Musk's leadership, he said in a CNBC interview "It's a test of Tesla as a meme stock, because if Musk is no longer viewed as central to the story going forward, then I think Tesla starts to trade like a car company, as opposed to an extension of Elon Musk," the Elevation Partners co-founder said. The sentiment echoes prior criticism Tesla has faced, with short-sellers like Jim Chanos nicknaming it a "hopes and dreams" stock : its success built more on a fascination with Musk, and not based in fundamentals It's the latest hurdle for the electric-vehicle maker, which has seen shares tank close to 40% this year, and who just announce [Read more]
IMPACT SNAPSHOT
EVENT TIME:
TSLA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS