Tesla’s Market Momentum: Musk’s Ambitious $7.5T Plan and Record China Sales
Tesla Inc. shares edged higher in pre-market trading, buoyed by Elon Musk's newly proposed compensation package tied to staggering growth targets. The electric vehicle maker's stock climbed to $344.91 after closing at $338.53, reflecting investor Optimism despite analysts' average price target suggesting a 10% downside.
The 2025 CEO Performance Award outlines audacious milestones: growing Tesla's market capitalization by $7.5 trillion, deploying 1 million Robotaxis, and delivering 1 million AI Bots. Musk's continued leadership for 7.5-10 years becomes critical to realizing these ambitions, with the full $88 billion package hanging in the balance.
China emerges as Tesla's growth engine, with August deliveries hitting 83,192 vehicles - the strongest month of 2025. The Model Y's 86% sales surge in Turkey further demonstrates global demand, moving 8,730 units in the same period.