1. Elon Musk's net worth reached $749 billion after stock options reinstated. 2. The Supreme Court's decision reinstates $139 billion worth of Tesla stock options.
FAQ
Why Bullish?
Musk's increased financial leverage may lead to more investment in Tesla and positive market sentiment, similar to past instances where leadership changes positively affected stock prices.
How important is it?
The reinstatement of stock options provides Musk with more capital to grow Tesla, which positively affects investor sentiment and stock value.
Why Short Term?
The reinstated stock options could immediately boost investor confidence, as seen after significant legal rulings in tech stocks.