ONEFUND partnered with iconik to offer all Tesla investors an easy, automated way to vote their shares. Here is ONEFUND CEO Michael Willis on the Schwab Network interviewed by Oliver Renick discussing Tesla and the importance of shareholder voting in the investment process. The only fund to implement true pass-through voting for all shareholders, ONEFUND INDEX investors were able to customize their Tesla vote — unlike any other fund. "Tesla stock happens to be ... 55% retail investor-owned. This is a chance for retail investors to stand up and let their voices be heard." https://lnkd.in/gkYRa9s3
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As Tesla’s stock continues to fall, major investors like Ross Gerber and Cathie Wood are having opposing reactions on whether they should buy or sell. The real question everyone's asking: what will it take to get Elon Musk working full time at Tesla again? https://buff.ly/4am1JHq #RossGerber #Tesla #ElonMusk #CathieWood #Fortune The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. You should consult a financial advisor before making any investment decisions.
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This is an interesting note on #Passive funds, and how it's newsflow can actually lead to the investor being short-charged. Tesla's inclusion in S&P500 - 'Rumors started circulating in September of 2020, with the stock as low as $110. By the time the announcement was made on November 17, the stock was trading at $136. And when it was actually included in the index on December 21, it had surged to $231, and it continued up to $300 by the end of January.' Does the index-hugging #ETF investor get a fair deal?! https://lnkd.in/gvYADsdq Amosh Kujur Pinkbull Investors #sustainableinvesting #yourfinancialintelligence
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C-Suite executive, board member, and advisor driving strategy, digital transformation and innovation success. Proven track record of accelerating growth at AXA, Aviva, Citi, and Liberty Mutual.
Interesting development Glass, Lewis & Co., an influential proxy advisory firm, has urged Tesla shareholders to vote against Elon Musk's proposed $56 billion pay package at Tesla's 🗓️June 13 annual meeting. Reasons Cited: 📋 - Glass Lewis called the pay package "excessive" in size and highlighted its potentially "dilutive impact" on existing shareholders if the stock options are exercised. - The firm had previously raised concerns about the lack of repricing prohibitions and the "quantum of pay" when the package was first approved in 2018, but says its core concerns remain unaddressed. Other Recommendations: - Glass Lewis also recommended voting against Tesla's proposal to redomicile from Delaware to Texas, stating it provides "uncertain benefits and additional risk". - It advised against re-electing Kimbal Musk, Elon's brother, due to lack of independence. Board Counterpoints:📉 - Tesla's board, is urging shareholders to reapprove the pay plan, arguing Musk has worked for years without being paid. - Some large institutional investors like Baillie Gifford have voiced support for the package, citing Musk's vision and drive as key to Tesla's success. - The pay plan ties compensation to ambitious operational and market cap milestones that could significantly increase Tesla's value if achieved. The ownership structure of Tesla (TSLA) stock is a mix of institutional, retail and individual investors.Approximately 40.27% of the company's stock is owned by Institutional Investors, 13.64% is owned by Insiders and 46.09% is owned by Public Co.s and Individual Investors. #executiveCompensation #Activism #ESG #Stewardship
Glass Lewis recommends Tesla shareholders reject Musk's compensation package (NASDAQ:TSLA)
seekingalpha.com
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Tesla Shareholders Face Crucial Vote on Musk’s Pay Package Tesla shareholders are being urged by influential proxy advisory firm Glass Lewis to reject Elon Musk's proposed $56 billion pay package, citing its "excessive size" and potential to devalue individual shares. Amalgamated Bank and others have written an open letter opposing the package, arguing Musk's focus is split among his other ventures. Both Glass Lewis and opposing shareholders recommend voting against the re-election of Kimbal Musk, Elon's brother, due to concerns over independence. Executives, including board chair Robyn Denholm, are actively seeking investor support worldwide. Shareholders will vote on Musk's compensation at Tesla’s annual meeting on June 13. Although investors approved the payout in 2018, a judge voided it in January, necessitating a new vote. Glass Lewis also advises voting against Tesla's proposal to move its incorporation from Delaware to Texas, citing uncertain benefits and added risks. This vote is critical for Tesla's future governance and strategic direction. What are your thoughts on the proposed pay package and relocation? #ExecutiveCompensation #Tesla #ShareholderActivism #CorporateGovernance #Investing
C-Suite executive, board member, and advisor driving strategy, digital transformation and innovation success. Proven track record of accelerating growth at AXA, Aviva, Citi, and Liberty Mutual.
Interesting development Glass, Lewis & Co., an influential proxy advisory firm, has urged Tesla shareholders to vote against Elon Musk's proposed $56 billion pay package at Tesla's 🗓️June 13 annual meeting. Reasons Cited: 📋 - Glass Lewis called the pay package "excessive" in size and highlighted its potentially "dilutive impact" on existing shareholders if the stock options are exercised. - The firm had previously raised concerns about the lack of repricing prohibitions and the "quantum of pay" when the package was first approved in 2018, but says its core concerns remain unaddressed. Other Recommendations: - Glass Lewis also recommended voting against Tesla's proposal to redomicile from Delaware to Texas, stating it provides "uncertain benefits and additional risk". - It advised against re-electing Kimbal Musk, Elon's brother, due to lack of independence. Board Counterpoints:📉 - Tesla's board, is urging shareholders to reapprove the pay plan, arguing Musk has worked for years without being paid. - Some large institutional investors like Baillie Gifford have voiced support for the package, citing Musk's vision and drive as key to Tesla's success. - The pay plan ties compensation to ambitious operational and market cap milestones that could significantly increase Tesla's value if achieved. The ownership structure of Tesla (TSLA) stock is a mix of institutional, retail and individual investors.Approximately 40.27% of the company's stock is owned by Institutional Investors, 13.64% is owned by Insiders and 46.09% is owned by Public Co.s and Individual Investors. #executiveCompensation #Activism #ESG #Stewardship
Glass Lewis recommends Tesla shareholders reject Musk's compensation package (NASDAQ:TSLA)
seekingalpha.com
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The approval of Musk's $45 billion compensation package comes despite opposition from notable shareholders, such as Norway's sovereign wealth fund and the California State Teachers' Retirement System, as well as proxy advisory firms Glass Lewis and Institutional Shareholder Services.[1] Tesla's board emphasized the potential consequences of not approving the package, suggesting that Musk might lose interest in the company, while Musk expressed confidence in his investor backing.[1] The vote outcome thwarts concerns that a rejection might lead Musk to dedicate less time to Tesla or even resign, as he has threatened to do if he does not receive sufficient compensation.[2][3] Supporters argue that the package is essential to retain Musk's leadership and ensure his continued focus on driving Tesla's growth and innovation in areas such as AI, robotics, and autonomous vehicles.[2][3] Sources [1] Tesla shareholders approve CEO Elon Musk's $45bn pay package https://lnkd.in/dJXaf8su [2] Tesla stockholders vote to restore Elon Musk's $44.9B pay package https://lnkd.in/gYXz6fZJ [3] Tesla shareholders approve $46 billion pay package for CEO Elon Musk https://lnkd.in/dV24dKt8
Tesla shareholders approve CEO Elon Musk’s $45bn pay package
theguardian.com
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Some of Tesla's institutional shareholders are getting out, convinced that the electric carmaker's days of dizzying growth are in the rear-view mirror, writes David K. Randall for Reuters. The company's shares are down nearly 30% this year and have fallen by more than 50% since their 2021 high, wiping out some $600 billion in market value as CEO Elon Musk has struggled with fierce competition and falling sales. Tesla's first-quarter results missed analyst expectations, though Musk said the company would release new models in 2025 that would be more affordable. Of the 18 mutual funds tracked by Morningstar that have held Tesla shares since 2019, 10 reduced their positions in the last quarter, with four slashing their stakes by 15% or more, Morningstar data showed. Only five added shares.
These early Tesla bulls are giving up on the stock
reuters.com
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Following one of the best days ever for Tesla Inc.’s stock, Piper Sandler analyst Alexander Potter’s note sums up what might have been driving that momentum. “This Was an Unexpectedly Good Quarter in Almost Every Way,” Potter titled his latest report. At the time he published his report, Tesla shares were up 12% in extended trading, prompting Potter to muse that they should have perhaps been up more. “If anything, we’re surprised by the weakness,” he wrote. For more details, please check the comments below! 👇 #thelaborecon #news #tle
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Do you think Elon Musk deserves a $55 billion pay package? Tesla shareholders say NO! Recently, a Delaware judge struck down this pay package (the largest compensation package in history) as a shareholder challenged it as excessive. Tesla’s stock slid 3% after the ruling. The stock fell over 24% in January, starting off the year on a bad note. One analyst went so far as to say, “And when it comes to its stock price, Tesla is Screwball Central. If you buy its shares, the only thing you know is that you’re likely to get a wild ride.” Contentworks offers impactful and timely financial content, analysis and industry news for the finance space. https://lnkd.in/gPfXnJj #TeslaStock #Tesla #ElonMusk #ElonMuskCompensation #StockMarketEarnings #StockMarketNews #StockMarket2024 #StockNews #MarketNews
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*LinkedIns Top Technical Analyst* / *Breaking News Contributor* / *Editor's Choice* / Three Decades on Wall Street! / Founder @Eqwitty Research & Excalibur Trading / Author of "Heavily Redacted"
Show Me the Money... 💵 Ol' Musky wants to get paid,... $56 Billion. "Tesla on Wednesday asked its shareholders to once again approve a record-breaking $56 billion pay that was set in 2018 but was rejected by a Delaware judge in January. The compensation includes no salary or cash bonus, but sets rewards based on Tesla's market value rising to as much as $650 billion over the next 10 years. Tesla is now valued at $500.36 billion, according to LSEG data. Tesla also urged its investors on Wednesday to approve its plan to move the company's state of incorporation from Delaware to Texas. The shift could escalate a tussle between Musk, who has spoken up several times against regulators and what he considered red tape, and the state of Delaware. Earlier this year, Musk shifted location of incorporation of his rocket company SpaceX to Texas and brain-chip startup Neuralink to Nevada from Delaware." What's your take? How much is too much? Does he deserve $56 Billion if he can get the stock back up to $190? #Tesla #Compensation #Pay #Musk
Tesla again seeks shareholder approval for Musk's 2018 pay voided by judge
reuters.com
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Tesla’s soaring stock added a stunning 22%, propelling Elon Musk’s fortune by $26 billion. A powerful surge for both EV enthusiasts and investors alike! Leading EV Stock Tesla Rocketed by 22%, increasing Musk’s wealth by $26 Billion View full news : https://shorturl.at/HIp0x #TeslaStock #ElonMusk #EVMarket #StockSurge #WealthGrowth #Investing
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Tech & Venture Capital Banking @ CNB
4moGreat stuff, looks like Elon is keeping his $50B