Elon Musk (Twitter)
The fundamental issue is that half of all publicly-traded shares are controlled by passive index funds who, for the most part, outsource their shareholder vote to the advisory firms of ISS and Glass Lewis.
ISS and Glass Lewis have no actual ownership themselves and often vote along random political lines unrelated to shareholder interests! This is a major problem that is not just limited to Tesla.
For example, they recommend voting against re-electing one of our excellent longstanding directors, Ira Ehrenpreis, for “insufficient gender diversity”, but, at the same time, also recommend voting against re-electing Kathleen Wilson-Thompson!
The fundamental issue is that half of all publicly-traded shares are controlled by passive index funds who, for the most part, outsource their shareholder vote to the advisory firms of ISS and Glass Lewis.
ISS and Glass Lewis have no actual ownership themselves and often vote along random political lines unrelated to shareholder interests! This is a major problem that is not just limited to Tesla.
For example, they recommend voting against re-electing one of our excellent longstanding directors, Ira Ehrenpreis, for “insufficient gender diversity”, but, at the same time, also recommend voting against re-electing Kathleen Wilson-Thompson!
vxTwitter / fixvx
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💖 81 🔁 11
K10✨ (@Kristennetten)
Support voting control for Tesla CEO @elonmusk 🗳️
If Tesla doesn’t get the voted plan, much of Tesla will be controlled by index funds — not good for Shareholders or the future of Tesla.
Vote with the Boards recommendations please!
If Tesla doesn’t get the voted plan, much of Tesla will be controlled by index funds — not good for Shareholders or the future of Tesla.
Vote with the Boards recommendations please!
❤1
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Elon Musk (Twitter)
I’ve heard these same words unironically from people irl so many times https://twitter.com/TheCinesthetic/status/1980666136040464813#m
I’ve heard these same words unironically from people irl so many times https://twitter.com/TheCinesthetic/status/1980666136040464813#m
❤1
Elon Musk (Twitter)
RT @wintonARK: Was talking to a sellside analyst at the cybercab event.
He was all: “ Robotaxi, meh, but I really think the humanoid robot story is what’s promising here.”
And I’m: “can you even math?!?”
On a first order estimate I think Tesla will need to throw $100 to $200 billion into AI compute in order to solve humanoid robot commercialization.
And it will be great money spent!
And Robotaxi should kick off plenty of cashflow to fund it!
And it will be so tempting to institutions to just take that cashflow and pocket it.
There’s a reason ISS et al don’t want to cede additional control to @elonmusk
They’re worried he might actually spend the money to make Optimus work.
They’d be fine with an ongoing semi-inexpensive science project—a story dancing on the horizon of reality—while they can collect rent on the Robotaxi platform. Wall Street loves the version of Apple that doesn’t take big swings.
But it will take extreme grit, dedication and capital to make Optimus really work. Not for the faint of heart.
Without @elonmusk Tesla would almost inevitably become faint of heart.
There is a pretty small execution window here, and Tesla shareholders (and the world) need Elon to maximally push.
You either want sustainable abundance (and all of the fruits that ripen in that future) or you sit back, sated to sup from a dominant Robotaxi strategic platform’s teat.
I can say with some certainty that institutional shareholders would happily opt for the latter. The cashflow in hand is too big to forego, ROIC be damned.
Our future really does depend on the will of the individual holder.
If you want the future that we all deserve then you double down on Elon driving Tesla forward
votetesla.com/how-to-vote/
RT @wintonARK: Was talking to a sellside analyst at the cybercab event.
He was all: “ Robotaxi, meh, but I really think the humanoid robot story is what’s promising here.”
And I’m: “can you even math?!?”
On a first order estimate I think Tesla will need to throw $100 to $200 billion into AI compute in order to solve humanoid robot commercialization.
And it will be great money spent!
And Robotaxi should kick off plenty of cashflow to fund it!
And it will be so tempting to institutions to just take that cashflow and pocket it.
There’s a reason ISS et al don’t want to cede additional control to @elonmusk
They’re worried he might actually spend the money to make Optimus work.
They’d be fine with an ongoing semi-inexpensive science project—a story dancing on the horizon of reality—while they can collect rent on the Robotaxi platform. Wall Street loves the version of Apple that doesn’t take big swings.
But it will take extreme grit, dedication and capital to make Optimus really work. Not for the faint of heart.
Without @elonmusk Tesla would almost inevitably become faint of heart.
There is a pretty small execution window here, and Tesla shareholders (and the world) need Elon to maximally push.
You either want sustainable abundance (and all of the fruits that ripen in that future) or you sit back, sated to sup from a dominant Robotaxi strategic platform’s teat.
I can say with some certainty that institutional shareholders would happily opt for the latter. The cashflow in hand is too big to forego, ROIC be damned.
Our future really does depend on the will of the individual holder.
If you want the future that we all deserve then you double down on Elon driving Tesla forward
votetesla.com/how-to-vote/
Tesla
How to Vote - Tesla
Protecting Your Investment and Tesla’s Future. At this year’s Annual General Meeting of Stockholders, we will be asking you to help support the continuation of Tesla’s extraordinary growth by approving two important proposals unanimously recommended by the…
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Elon Musk (Twitter)
RT @cb_doge: No other AI generates such HDR realistic videos in 17 seconds.
Grok is the fastest on the internet.
RT @cb_doge: No other AI generates such HDR realistic videos in 17 seconds.
Grok is the fastest on the internet.
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Elon Musk (Twitter)
Set your permissions to verified users only https://twitter.com/cb_doge/status/1981222288575123898#m
Set your permissions to verified users only https://twitter.com/cb_doge/status/1981222288575123898#m