Tesla shareholders approved CEO Elon Musk’s $1 trillion compensation package, with 75% in favor. Investors also agreed to invest in Musk’s AI project, xAI, despite a recent 3.7% drop in Tesla’s stock. The company’s market value is estimated at $1.4 trillion, making it the world’s most valuable automaker. Tesla’s forward P/E ratio is 389.57, with a P/S ratio of 15.18 and a P/CF multiple of 115.12, indicating a rich valuation. In its last quarter, Tesla saw revenue growth of 12% but a 40% drop in operating income due to increased expenses related to AI and R&D. Analysts have mixed sentiments, with a “Hold” rating consensus and a mean price target of $385.26.

Read more at Barchart: Shareholders Just Approved a $1 Trillion Pay Package for Elon Musk. What Does That Mean for Tesla Stock in 2026?