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Ron Baron, big Tesla shareholder, supports Elon Musk's $56 billion pay package - TL;DR CNBC

Ron Baron, big Tesla shareholder, supports Elon Musk's $56 billion pay package

Publishing timestamp: 2024-06-05 09:45:24


Summary

Billionaire investor Ron Baron supports Elon Musk's controversial $56 billion pay package, stating that Musk is essential to Tesla's success and that the pay package is justified based on performance metrics. Baron plans to vote in favor of the package at Tesla's upcoming shareholder meeting.


Sentiment: POSITIVE

Tickers: TSLA

Keywords: breaking news: investingelon muskwall streetbreaking news: businesstesla incbusiness newsbreaking news: marketsmarketsinvestment strategystock markets

Source: https://www.cnbc.com/2024/06/05/ron-baron-big-tesla-shareholder-supports-elon-musks-56-billion-pay-package.html


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