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Major Tesla stock bull sounds alarm on major problem facing Elon Musk


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Published in Stocks and Investing on by TheStreet   Print publication without navigation

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The article from MSN discusses concerns raised by a prominent Tesla bull, Gary Black, regarding Elon Musk's divided attention due to his involvement with multiple companies. Black, who manages the Future Fund ETF, highlighted that Musk's focus on Twitter, now known as X Corp, and other ventures like SpaceX, Neuralink, and The Boring Company, might be detrimental to Tesla's performance. He pointed out that Tesla's stock has underperformed compared to other tech giants like Apple, Amazon, and Microsoft over the past year. Black emphasized that Tesla needs Musk's full attention to navigate through increasing competition in the electric vehicle market, manage production challenges, and maintain innovation. He suggested that Tesla's board should consider incentivizing Musk to concentrate more on Tesla, possibly through a compensation package linked to Tesla's performance metrics.

Read the Full TheStreet Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/major-tesla-stock-bull-sounds-alarm-on-major-problem-facing-elon-musk/ar-AA1BU6KX ]

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