Tesla stock soars to record high today
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Due to Tesla's innovation and diversification, 24/7 Wall St. sees strong upside potential for the stock by the end of the decade.
The 13F filings for Q3 reveal a split: one side ran for the exits on Tesla and the other poured hundreds of millions into the stock.
These 10 stocks could mint the next wave of millionaires › Tesla (NASDAQ: TSLA) and its CEO and significant shareholder, Elon Musk, frequently make the news. It's not always positive, with Musk's potentially $1 trillion dollar pay package vote garnering sharp reactions.
Tesla stock climbed 4% in early trade, nearing its all-time high of $488.54 reached almost one year ago. The appearance of a Robotaxi testing in Austin without a safety driver echoes what Musk claimed earlier this month when he predicted Tesla was weeks away from unsupervised robotaxis.
The next 12 months promise to be “choppy” for Tesla, according to MS analyst Percoco who advises seeking a better entry point to the stock.
Between 2018 and 2020, the average Tesla director received a total of about $12 million in cash-and-stock compensation. That was about eight times as much as the average director at Alphabet, the next highest-paid among the "Magnificent Seven" companies.
Investors reacted to the delayed release of the November jobs report, seen as pivotal to the path of interest rates next year.