Jefferies says Tesla may need deals related to Musk to meet super compensation targets


Jefferies analyst Philippe Houchois says that Tesla (TSLA) “made its most interesting earnings call in many quarters,” adding that the company’s outlook was “vague and low in number,” except for a “huge” $20 million in guided capex through 2026. Financing may become an issue despite a $44 million cash pile, according to the analyst, who adds that the compensation announced in the compensation target in xAI Musk Related Corporate Deals.” The firm has a Hold rating and $300 target price in Tesla stock.

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