Part 8/14:
Tesla and Investment Debates: Shareholder Votes and Automation
On the corporate front, Elon discussed upcoming Tesla shareholder votes that could determine his compensation. Many institutional investors rely on proxy firms like Glass Lewis and ISS, which Musk criticizes for lacking fundamental research and for being overly passive. Kathy Wood, a prominent investor, voiced frustration about the dominance of passive funds and urged for a system where voting power is more judicious, advocating for active understanding of the companies involved.