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CalPERS Explains ‘No’ Vote for Musk’s $1 Trillion Pay Deal

Drew Hambly, investment director for global public equity at CalPERS, discusses why the nation’s largest public pension fund voted against Tesla’s proposed $1 trillion pay package for Elon Musk and what CalPERS will do in the event the proposal isn’t approved. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Drew Hambly, investment director for global public equity at CalPERS, discusses why the nation’s largest public pension fund voted against Tesla’s proposed $1 trillion pay package for Elon Musk and what CalPERS will do in the event the proposal isn’t approved. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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9 Comments

9 Comments

  1. @treewx

    November 6, 2025 at 4:21 pm

    Good points

  2. @markchapman1699

    November 6, 2025 at 4:26 pm

    Elon is a crook.

    • @SanAndreasWatchParty

      November 6, 2025 at 4:52 pm

      How remarkable. Has your doctor gotten back w/ you on an aggressive Tylenol regimen yet?

  3. @FoneTool

    November 6, 2025 at 4:27 pm

    DILUTION, DILUTION, DILUTION …
    Insanity!

  4. @bucketofbarnacles

    November 6, 2025 at 4:55 pm

    So refreshing to hear Hambly talking straight and sensible.

  5. @dizzyman123

    November 6, 2025 at 4:57 pm

    🛐 The opportunity exists now for AiiTRL Global to compte with EM to get the deal over the line singlehandedly pioneered by AiiTRL 🌍 🧠 💷 🏫.

  6. @prof.crastinator

    November 6, 2025 at 5:09 pm

    Hope they sell

  7. @sailingwhilesalty

    November 6, 2025 at 5:11 pm

    Tears for Elon, pass him a tissue

  8. @mfu9943

    November 6, 2025 at 7:05 pm

    An DEI argument doesn’t count

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Bloomberg Technology

Tech Stocks Rally on the Back of US-Iran Ceasefire Deal | Bloomberg Tech 4/8/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple’s…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss the rally in tech stocks and fall in energy prices as markets react to a two-week ceasefire deal between the US and Iran. Plus, Anthropic is giving tech firms early access to its new Mythos model to get ahead of possible cyberattacks that could wreak havoc. And, Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Snowflake Seeing Strong Return on AI Investment: CEO

Some of Snowflake’s coders are producing work 24 hours a day using AI agents, says CEO Sridhar Ramaswamy. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:  …

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Some of Snowflake’s coders are producing work 24 hours a day using AI agents, says CEO Sridhar Ramaswamy. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Apple’s Foldable Phone On Track for September Launch

Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone’s features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology…

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Apple’s first foldable phone is still on track to launch in September, despite reports of major manufacturing delays. Bloomberg’s Mark Gurman discusses the phone’s features and why it could mark a big shift in the foldable market. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:

 
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