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  • Yahoo Finance Video

    Tesla board should be take on an 'independent, active' role

    Even while the stock is down nearly 29% year-to-date, Tesla (TSLA) shareholders voted in approval of CEO Elon Musk's pay package. "That's a pretty remarkable statement of confidence on their part. What I said was it does not take anything away from the enormous scale of his achievements in building Tesla and not just Tesla," Fletcher School of Law and Diplomacy Lecturer and Picking Presidents Author Gautam Mukunda tells Market Domination Overtime. Based on Tesla's growth under Musk's leadership, Mukunda likens a Tesla without Elon Musk at the helm as a Ford without Henry Ford, stipulating Tesla's board should take a more hands-on approach with the company: "The board should take a much more independent and active role in the company. What I would say is that there is no such thing as a genius so brilliant that all of their ideas are good ones, or even their good ideas can't be improved by pressure from other smart, capable people. I think the board has given him sort of total freedom to do whatever he wants" For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan. Catch up on Yahoo Finance's coverage of all things Tesla, Elon Musk, and his pay package saga: EV competitors like Ford, GM are 'scared' of Tesla: Investor 'Don't fire Steve Jobs': Tesla analysts react to approval of Elon Musk's pay package 'Hold on Tesla and wait,' don't buy right now: Strategist Tesla is in 'incredibly enviable' position for real-world AI Tesla is biggest market bubble in world history: Short seller Don't bet against Elon Musk: Dan Ives talks $1T Tesla call Elon Musk wins Tesla shareholder battle to keep his record-breaking pay Elon Musk has been integral to Tesla's growth, AI: Cathie Wood Musk's pay battle is not over. Here's why.

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  • Yahoo Finance Video

    Ford vice chair on 'unprecedented' changes in auto industry

    Ford Vice Chair John Lawler joins Yahoo Finance's Pras Subramanian at Deutsche Bank's Global Auto Industry Conference to discuss his transition from CFO to vice chair and the opportunities ahead for the automaker. Lawler is set to transition full-time into the vice chair position in early 2025, to be succeeded by former Lucid (LCID) Chief Financial Officer Sherry House. Lawler explains that his new role focuses on strategic initiatives: "The level of change in this industry is unprecedented right now. You have the propulsion changes, moving from gas to electrification, and electrification is going to take many forms as we're starting to see develop." He notes that partnerships in digital technologies will be key moving forward, pointing to the issue of capital efficiency within the industry as a whole. In addition, Lawler explains, "I think I can add a lot of value working with governments and their leaders on the policies and how Ford can help and how Ford's going to interface in those markets around the world." He highlights Ford's joint ventures in China as important partners, explaining that the company is not only profitable in the country, but there are several opportunities that lie ahead in the market. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl