William Blair analyst Jed Dorsheimer says Tesla’s (TSLA) new incentive plan for Elon Musk “signals he is here to stay and win.” Pulling off an $8.5 trillion market cap “would be an incredible achievement and aligned with shareholders,” the analyst tells investors in a research note. Blair thinks the incentive package will pass in the same manner the 2018 plan did. Tesla shareholders will be excited that Musk is incentivized for the next decade, the firm contends. It sees the news along with Thursday’s public rollout of robotaxi pushing investor sentiment higher. William Blair keeps a Market Perform rating on Tesla. The stock in late morning trading is up 3% to $347.38.
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