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Their efforts, which included transferring assets en masse from Schwab and publicly urging others to do the same, proved highly effective. Robinhood even entered the fray, offering a 2% bonus for investors who moved their accounts, emphasizing the level of threat the financial institution perceived from retail activism. Within just 24 hours of this sustained pressure, Schwab reversed course and announced it would support Musk’s plan, effectively securing a crucial victory for Tesla supporters.