Tesla Shareholders Back Elon Musk – Why It Matters (Ep. 764)

Tesla shareholders extremely re-approved Elon Musk's 2018 settlement plan and the company's incorporation in Texas at the annual investor conference last week. The vote shows strong support for Musk's management and the business's long-lasting concentrate on Complete Self-Driving (FSD) and the Optimus humanoid robot, regardless of short-term challenges, and opens the door for a new settlement plan that could increase Musk's ballot power to press forward with his aggressive AI and robotics strategies.

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Tesla Shareholders Back Elon Musk – Why It Matters (Ep. 764)

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30 Comments

  1. Hi Dave . I have this idea that I think would benefit Tesla tremendously. I was driving down the freeway the other day and saw an amber alert and thought. What if teslas can access these alerts and notify the driver whenever it sees a stolen vehicle or a kidnapped child! It the perfect technology to take down criminals and save lives. Also Tesla has the tech to do this with their cameras and AI. Their reputation could also use a boost!

    1. @@tasd5673 I’m not talking about invading privacy here. Your car will notify you when it sees something and the amber alerts are already public info. No data ever leaves the car. So no it’s not the china way

    2. @@tasd5673 imagine no bad guy can ever get away with a crime thanks to Teslas on the road. Think of it like an assistant to people looking out for amber alerts but your car helps you out

    3. @@tasd5673 no information ever has to leave the car. You’ll have a toggle to turn this feature on or off and your car will just notify you so no info ever goes to the government and you can call authorities. Amber alerts are already public knowledge so no ones privacy is ever invaded and everyone’s license plates are also already publicly out on the road

  2. Glad to see you‘re back doing some videos Dave! Hope your kids & wife are doing fantastic❤️

  3. Hello Dave, thank you for the content. We all approved elon’s pay package but can the judge still block us. That is the question. I hate that judge

    1. Yes, the vote was not binding. It is still up to the judge. She basically said she thought we were stupid and ill-informed. With this latest vote we said “right back atcha!”

    1. You would rather Black Rock have more control than Elon basically, whether your hatred for Elon let’s you see it that way or not. Do you know how Black Rock would steer the Tesla board decisions compared to Elon? Do you know as much about those individuals like you do Elon?

  4. Zero of my vote was motivated by what you discussed. It would be unethical to not honor our contract. He earned his compensation. He gets it.

    Full stop.

  5. Why everyone complicated his payment. A Judge, Shareholders, Tesla- just pay him and finish..

  6. I work for a large firm that’s a custodian for a massive number of shares and we voted yes. The backlash from our left wing investors has been eye opening. They are ravenous.

  7. If a part-time, distracted CEO is worth $56B, with even more coming in his new package, what is a fully focused CEO like Jensen Huang worth? Just based on relative market caps, maybe $300B.

    1. Elon’s compensation was 100% performance based. If the stock didn’t 10x and if the company didn’t get put on a solid production track, then Elon would have got nothing.

      It wasn’t about the hours it was about the results.

  8. Not too sure that we voted for FSD / Optimus; more that a deal was a deal and we won’t renege just because it profit us to do so.
    That said, I prefer Elon in the drivers seat and FSD / Optimus have potential.

  9. usually i like Dave’s videos but this one just stated well known facts.
    issuing a new class of shares is a guess. shareholders will feel pressure to approve it to keep Elon happy.

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