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Tesla’s High-Riding Bulls Await Reasons From Musk to Stay Long [Yahoo! Finance News]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
) -- Tesla Inc. shares have soared in spite of production shutdowns, likely demand disruptions and uncertainty about how soon the electric-car maker can restore more-normal operations.To support the stock price -- and set himself up for the first tranche of an unprecedented performance award -- Chief Executive Officer Elon Musk on Wednesday will again have to do something he’s proved adept at for years: selling investors on a positive narrative about the future.If he succeeds in sustaining a market capitalization that’s now double the combined value of General Motors Co., Ford Motor Co. and Fiat Chrysler Automobiles NV, Musk is on the cusp of receiving options worth roughly $700 million on paper. He’ll probably have to assure the market that his lone U.S. vehicle-assembly plant in California can resume production relatively soon and that customers who are quarantining now will be chomping at the bit to buy Model Y crossovers and Model 3 sedans once they reemerge.“Elon Musk is going to Show less Read more
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