Tesla (TSLA) CEO Elon Musk is working to position the electric vehicle (EV) maker as the dominant robotics player. At the upcoming meeting, Tesla shareholders will vote on Musk's pay package, valued at up to $1 trillion. Wedbush Securities managing director and global head of technology research, Dan Ives, a vocal Tesla bull, explains why he sees Musk's massive pay deal as intrinsically tied to Tesla securing its place as a major robotics name. To watch more expert insights and analysis on the latest market action, check out more Market Catalysts...

↘️ Tesla (TSLA): Shares fell 1.5%. Late Wednesday, The electric-vehicle maker reported a 37% drop in quarterly profit, which it attributed to R&D spending and lower tax-credit revenue. ↘️ IBM (IBM): The computing company swung to a quarterly profit and reported higher earnings, saying clients have shifted from experimenting with AI to using it at scale...

Major U.S. equities indexes mostly advanced Thursday as investors monitored China trade developments and digested the latest batch of corporate earnings...

Elon Musk says he needs to build his stake in Tesla so much that he could become the world’s first trillionaire. But this week he said his aim wasn’t to increase his planet-leading wealth. Instead, Musk said the biggest pay package in history was necessary to protect his company...

Both Tesla and IBM fall after reporting quarterly earnings, while quantum-computing stocks soar on a report the Trump administration is considering taking equity stakes in several companies in exchange for federal funding...

Tesla (TSLA) had a "good" quarter, with fiscal Q3 revenue beating expectations on strong global vehi...

All three major US stock indexes were up in late-morning trading Thursday, as markets looked to rebo...