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Analysts Ben Kallo and Davis Sunderland of Baird have highlighted that Tesla's executive compensation scheme and its capital expenditure blueprint for the upcoming years underscore its lofty aspirations for product rollouts and market capitalization expansion. Consequently, they have revised Tesla's stock rating upwards, from 'Neutral' to 'Outperform.' The Tesla board has put forth objectives that are intricately linked to Musk's novel compensation package, a move that analysts deem will effectively spur and keep Musk on board. They foresee that Tesla's stock price will soar to a range between $1,400 and $3,000 per share by the year 2035. Moreover, Musk's decision to invest in purchasing additional shares is interpreted as a robust vote of confidence in the company's future prospects.
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