Previous close | 67.05 |
Open | 62.00 |
Bid | 61.40 |
Ask | 62.05 |
Strike | 140.00 |
Expiry date | 2025-09-19 |
Day's range | 62.00 - 62.00 |
Contract range | N/A |
Volume | |
Open interest | 309 |
The battle over Tesla CEO Elon Musk’s pay package landed a supporter to the mercurial CEO’s cause: billionaire investor Ron Baron.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
An endorsement for Tesla CEO Elon Musk from a longtime shareholder and new sales data from China were positives for Tesla, but not good enough for shares to break out of their recent range. Wednesday morning, Ron Baron, CEO of Baron Capital said he would vote yes to reinstate Musk’s 2018 compensation package, which was worth some $56 billion at the time of the award.