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Stock Market Today, Dec. 22: Tesla Shares Jump After Court Reinstates Elon Musk Pay Deal [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
Tesla IPO'ed in 2010 and has grown 38,483% since going public. Trading volume reached 86.6 million shares, roughly 1.4% above its three-month average of 85.8 million shares. Monday's move followed a Delaware Supreme Court ruling on Elon Musk's compensation, ending a long legal battle. Investors are also positive about Tesla's latest autonomous driving and robotaxi initiatives. The S&P 500 (SNPINDEX:^GSPC) added 0.64% to finish at 6,878, while the Nasdaq Composite (NASDAQINDEX:^IXIC) gained 0.52% to close at 23,429. Within the automotive and energy space, industry peers Ford Motor Company (NYSE:F) slipped 0.07% and General Motors (NYSE:GM) rose 0.83%, underscoring how legacy automakers are navigating EV demand and profitability differently from Tesla. On Friday, a Delaware Supreme Court overruled a 2018 decision to block Elon Musk's pay package. The court ruled that Musk is entitled to stock-based compensation now valued at about $140 billion. In addition to optimism around lea
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