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Business Insider
1 min

Tesla board chair says Elon Musk being involved in things outside of the company 'actually helps Tesla'

1. Tesla's board crafted a $1 trillion performance package for Elon Musk. 2. Chair Denholm believes Musk's external ventures benefit Tesla. 3. Concerns remain over Musk's political engagement affecting Tesla's image. 4. Analysts urge Tesla to limit Musk's focus on politics. 5. Investors suggest a new CEO may be better for Tesla's identity.

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FAQ

Why Bullish?

The $1 trillion package incentivizes Musk to drive significant growth, potentially boosting TSLA's valuation.

How important is it?

The announced compensation structure and its implications for leadership could significantly influence TSLA's direction and investor confidence.

Why Long Term?

If Musk achieves milestones, TSLA's long-term growth trajectory could see a sustained positive impact as evidenced by past performance linked to leadership strategies.

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