Musk, Denholm, Straubel: Three More Years for a Board That Only Knows “Yes”
Tesla's profit fell 46%, yet the board wants Musk, Denholm and Straubel for three more years. No shareholder proposals, and a voting program that only says yes.
Tesla's profit fell 46%, yet the board wants Musk, Denholm and Straubel for three more years. No shareholder proposals, and a voting program that only says yes.
Tesla and SpaceX formed special committees to explore a merger. In my opinion, it is already decided: Musk does nothing just like that, and the vote will be a show.
Tesla unveiled the new Roadster after nine years: a Cyber design, a flipping Rocket trim that is not road legal, 300 miles instead of 620, no price, "2028, actually", and another $50,000 deposit. My honest take.
Tesla will finally show the next-generation Roadster on October 15, after nine years and seven unveil dates. In my opinion, an event that waits for perfect weather says the car is not ready, and I would not pay a single cent in advance.
One week soft demand, the next week no crisis and a $360 target. JP Morgan expects 18% fewer iPhones at 20% higher prices. In my opinion, that is a trap for the future, and bank forecasts deserve skepticism.