TSLA Jun 2024 640.000 call
- Yahoo Finance Video
What Apple Intelligence means for Apple's stock: YF Reports
Apple (AAPL) shares climbed to record highs following a series of product announcements at the company's Worldwide Developers Conference 2024. The biggest announcement was Apple's new AI-integrated operating system: Apple Intelligence. Yahoo Finance breaks down Apple's new AI features, what's next for the tech giant, and how Apple's move into artificial intelligence could possibly disrupt the tech sector. For more expert insight and the latest market action, click here. This post was written by Noah Chadwick
- Yahoo Finance Video
Elon Musk has been integral to Tesla's growth, AI: Cathie Wood
Ark Invest Founder, CEO, and CIO Cathie Wood — whose ARK Innovation ETF (ARKK) holds nearly $726.8 million in Tesla shares — is forecasting that Tesla (TSLA) stock could climb to $2,600 per share by 2029, in her firm's latest call on the EV maker. A long-time supporter of Tesla CEO Elon Musk, Wood joins Yahoo Finance to discuss the value Musk has brought to Tesla through his leadership. Tesla shareholders have ultimately voted to approve Musk's pay package, valued at around $46 billion based on the company's current stock price, with the results revealed at Tesla's annual shareholder meeting early Thursday evening. "Elon Musk has been incredibly important to Tesla and still is, not so much on the electric vehicle side — that's on automatic pilot, it's on the autonomous side," Wood says, emphasizing Musk's commitment to autonomous driving functions and integration of AI as to why she sees the stock soaring to $2,600. Wood goes on to say that there's no other company that will be as impactful for humanity as Tesla under Musk: "What many people don't understand is, the most important variable — once you've got the domain expertise and the AI expertise — is proprietary data. And Tesla has probably more proprietary data, than almost any company in the world. Elon Musk is the CEO of this age that we believe is going to best capitalize on the convergences between and among technologies..." Wood also comments on Tesla's position in the ARK Innovation ETF as the tech-adjacent EV maker maneuvers auto industry headwinds and a higher for longer interest rate environment. Follow along with Yahoo Finance's coverage of Musk and his pay package saga: Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Is Elon Musk the right fit as Tesla's CEO? Takes from 3 Tesla shareholders: Unenthusiastic yes to unequivocal no as Musk awaits vote on his pay Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained Poll: Should Tesla shareholders once again bless CEO Elon Musk's pay package proposal? Musk's Tesla pay package is 'excessive' and should be voted down, shareholder advocate says Most CEOs are defeating attempts to vote down their pay. Can Tesla's Elon Musk do the same?
- Yahoo Finance Video
Tesla's Musk secures $56B pay package after shareholder vote
Tesla's (TSLA) shareholders have voted in favor of the whopping $56 billion pay package for CEO Elon Musk. In addition to this groundbreaking compensation plan, shareholders have also greenlit Tesla's redomestication from Delaware to Texas, a strategic relocation that Musk had previously sought after his pay was initially denied by a Delaware judge. Yahoo Finance Autos Reporter Pras Subramanian breaks down the details. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Angel Smith Follow along with Yahoo Finance's coverage of Musk and his pay package saga: Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Is Elon Musk the right fit as Tesla's CEO? Takes from 3 Tesla shareholders: Unenthusiastic yes to unequivocal no as Musk awaits vote on his pay Musk pay package: What's incentivizing shareholder votes Elon Musk's $46B Tesla pay package: Explained
