It appears that the compensation plan has been reapproved by the majority of shareholders according to preliminary vote counts (the 2018 plan was declared invalid by a Biden-appointed judge in Delaware)
This means a major uncertainty has been removed and it ensures that Elon Musk will continue to dedicate 110% of his energy to Tesla.
Overall, TESLA is making huge progress in the public eye.
The Tesla Robot is likely already being productively used in the Tesla factory.
Tesla’s autonomous driving technology is making significant progress.
Other business segments are performing well: solar, battery technology.
New products are in the pipeline.
Technically:
There is a significant bullish pennant.
Strong reversal at $140.
$170 has held up well despite uncertainties.
Analysts and influencers are very positive.
There may still be a setback for a reverse head-and-shoulders pattern.