With the uncertainty regarding Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk’s compensation package now in the rearview mirror following shareholder approval of the same, the electric-vehicle maker can go full throttle with its artificial intelligence initiatives, said a bullish analyst on Friday.
Musk’s Vision AI Taking Hold: AI initiatives will likely be kept under the hood of Tesla once the Delaware court approves the pay package and the board puts in place a new AI incentive-driven compensation package for Musk that gives the billionaire 25% ownership control, said Ives in a note.
Musk sounded upbeat about autonomous driving and new models at the shareholder meeting, the analyst said, adding that he expects a Model 2.5 to hit the road in early 2025., The billionaire’s strategic vision of full self-driving and Optimus is beginning to take hold, with some early positive signs forthcoming, he added.
Aug. 8 Catalyst: Ives said he sees the Aug. 8 robotaxi unveil event as a “key historical moment for the Tesla ...