Tesla BioSnap a weekly updated Biography.
Tesla in the past few days has been center stage on Wall Street and across tech headlines, yet again, for drama worthy of its superstar status. According to Electrek, Elon Musk has jolted markets by openly threatening to leave Tesla if his controversial $1 trillion compensation package is not approved, a move that has Institutional Shareholder Services sounding the alarm about both potential dilution and board independence. The shareholder vote on Musks future is imminent and shaping up to be the most high-stakes power play in recent corporate memory, with Wednesday’s Q3 earnings report expected to set the tone for both Tesla’s short-term fortunes and Musks personal trajectory.
Meanwhile, MarketMinute reports that Tesla stock bounced almost 2 percent upwards on October 20, driven by blockbuster third-quarter deliveries—an eye-catching 497099 vehicles, one of Teslas best quarters ever. Gigafactory Texas celebrated the milestone of over 500000 vehicles produced since 2022, hard evidence that when it comes to scaling manufacturing, Tesla still wears the crown. Wedbush is doubling down on its bullish call with a $600 price target, but behind those numbers lurk deeper worries. While production is record-breaking, some analysts are still whispering “bottom performer” due to eroding profit margins—the EPS is expected to fall almost 24 percent year-over-year—and fierce competition from China and legacy automakers. This concern is further amplified as lower vehicle prices and a slide in carbon credit revenue squeeze profitability, even as the company remains an “innovation juggernaut.”
On the business front, Tesla is doubling down on market expansion. There’s talk of a new stock split in 2025, meant to entice retail investors and boost liquidity—a classic Tesla move. The fabled affordable EV, tentatively called Model 2 or Redwood, edges tantalizingly close to the production line, with pricing rumors around $15000 to $25000 and potential mass production slated for next summer, according to ongoing industry coverage. The upcoming launch of this mass-market EV is widely seen as Tesla’s next big swing at global market dominance.
Meanwhile, Tesla’s expansion in fast-charging infrastructure continues, but rivals are closing the gap, as coverage by Electrek shows. On the product side, the long-awaited Roadster reveal has reportedly been confirmed for this year and remains a social media fixture, as does customer discourse about Full Self-Driving Supervised software, which continues to generate both buzz and frustration—one of those speculative undercurrents Musk’s Twitter feed never lets rest for long.
If that’s not enough, promotions like the Tesla fall raffle in Switzerland and the company’s ongoing employee perk programs keep it humming on social media, even as uncertainty swirls about what comes next. All eyes now turn to the Q3 earnings call and the boardroom drama that could fundamentally redefine Tesla’s leadership, setting up what promises to be a historic—possibly tumultuous—period in the company’s always headline-grabbing saga.
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