Investor Warns Against Tesla Seduction Amid Musk Compensation Approval
Tesla shareholders overwhelmingly approved a massive compensation package for CEO Elon Musk last week, reinforcing their faith in his leadership. Bulls argue Musk's bold visions—from autonomous vehicles to humanoid robots—justify the incentive. Tesla's record EV deliveries last quarter, though potentially inflated by expiring tax credits, underscore its dominance among the Magnificent 7.
Yet skepticism lingers. Investor Michael McGrath dismisses the euphoria, citing Musk's 'repeated delays, broken promises, and shifting timelines.' The debate hinges on whether Tesla's futuristic ambitions can offset execution risks as legacy automakers close the EV gap.