Tesla Stock Soars Following $1 Trillion Musk Compensation Approval

Tesla Inc. (TSLA) is a top blue-chip stock to buy now, according to analysts at Truist Securities and Wedbush. The approval of $1 trillion equity compensation for CEO Elon Musk has removed uncertainty about his departure and has boosted confidence in the company's prospects. Analysts expect Tesla to achieve extraordinary market cap, operational, and AI-driven milestones, including delivering 20 million vehicles and 1 million robotaxis in commercial operation.