Tesla investors are unfazed by the brewing geopolitical tensions between US and China around Taiwan, as the stock is up for a sixth straight session ahead of the company’s annual meeting on Thursday.
Tesla Inc. investors are unfazed by the brewing geopolitical tensions between US and China around Taiwan, as the stock is up for a sixth straight session ahead of the company’s annual meeting on Thursday.
Still, any exuberance may prove short lived as supply chains have yet to normalize, Chief Executive Officer Elon Musk’s lawsuit with Twitter Inc. continues to be an overhang, and the company’s reliance on China remains an issue with Taiwan in focus. Tesla will hold its annual general meeting on Thursday, where its investors will get to vote on a 3-for-1 stock-split plan. If approved, it will be Tesla’s second share-split in less than two years.
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