Apple, Nvidia, Microsoft are fueling the Nasdaq, but the market rally is increasingly split. Tesla has a new base, but with flaws. Meta is among seven actionable stocks.
Tesla announced on Thursday that shareholders voted in favor of giving Chief Executive Elon Musk his 2018 $56 billion pay package and reincorporating the EV giant in Texas, moving it from Delaware. The Tesla board won approval for Musk's pay package Thursday with 77% of the total vote of shares, according to regulatory filings. The tally was 72%, excluding votes from Musk and his brother.
Shareholders approve Musk's massive pay package, showing strong support. Focus on driverless software and AI will aid Tesla (TSLA) in the long run.