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Tesla (TSLA) is making news again, this time for a move that could determine its leadership and market capitalization for many years to come, not because it is announcing a new factory expansion or car line, but because it has reportedly created a new special committee to consider alternative compensation structures for CEO Elon Musk after his 2018 compensation plan, currently valued at $98 billion, was rebuffed in court.
The market is reacting positively: TSLA stock is up 32% from April 24 as prospects improve that Musk’s leadership is here to stay.