Tesla Will Face More Pressure From Activist Investors, According to Wedbush Analyst Dan Ives

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A stock buyback program for Tesla has been a hot topic among investors in recent months after Musk teased the idea of a stock buyback on Tesla’s third-quarter earnings call. 

“We want to work through the right process to do a buyback, but it’s certainly possible for us to do a buyback on the order of $5 billion to $10 billion,” Musk said on the call.

 

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