Tesla (TSLA) shareholders are bracing themselves for a crucial vote on June 13, which will determine the fate of Elon Musk's pay package. The pivotal...
The pivotal decision is not without controversy, as the Glass Lewis shareholder advisory firm is rallying shareholders to vote against the proposed compensation plan.Some new developments within this story are very unpressed.So uh Glass Lewis , the proxy shareholder advisory firm is saying that shareholders would vote no to, to for Tesla and Musk, in particular for uh moving Tesla State of Incorporation to Texas to Texas, but also for Musk's $56 billion pay package.
And the the board has not provided rationale to sort of combat these concerns of, of, of overly sort of diluted nature of the, of the new pay package.I'm not, we're not surprised that glass loses would say, hey, shareholders, you should be aware of this.To have that much control over the company and, and I think, I think that it, it, it sort of makes you think about right now from like a uh governance point of view.
We recently analyzed the top utilities stocks hedge funds are buying to profit from the AI-led boom in the industry. Since Vistra Corp. was part of the list, the stock deserves a deeper look. But first, let’s see why everyone’s taking about AI catalysts for utilities stocks these days. The AI revolution that started with Human investment advisors can cost a small fortune -- and not even deliver on returns.
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