1115 ET - Tesla, as both a company and stock, is at a critical juncture, says UBS' Joseph Spak in a research note. Spak's note follows a WSJ report that the EV maker's board dialed up efforts to search for a successor to CEO Elon Musk. The analyst says that even if Musk stays on as CEO, succession planning will prove important for investors to have a better sense of. If Musk were no longer CEO, there is a path for him to remain heavily involved with the company, which could create tense dynamics between him and any successor. Between the bear case that Tesla is an auto company under greater pressure and the bull case that the company is an AI company, Spak says "finding a CEO who can captivate the market and investors as much as Musk is a tall task." Shares rise 2.9%. (denny.jacob@wsj.com; @pennedbyden)
(END) Dow Jones Newswires
May 01, 2025 11:16 ET (15:16 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。