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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

Intel Joins Musk’s Terafab Project With Tesla, SpaceX, xAI | Bloomberg Tech 4/7/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s plan to join Elon Musk’s Terafab project with Tesla, SpaceX, and xAI. Plus, Broadcom and Google expand an agreement with Anthropic to power the AI startup’s burgeoning operations. And Bill Ackman looks to make a deal for the world’s largest music company, Universal Music Group. ——– “Bloomberg…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss Intel’s plan to join Elon Musk’s Terafab project with Tesla, SpaceX, and xAI. Plus, Broadcom and Google expand an agreement with Anthropic to power the AI startup’s burgeoning operations. And Bill Ackman looks to make a deal for the world’s largest music company, Universal Music Group.
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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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NASA Crew Loops Moon and Heads Home

The crew of Artemis II is on their way back to Earth after breaking the record for distance traveled by humans into deep space and viewing the far side of the moon. Ed Ludlow and Caroline Hyde discuss milestones and what comes next on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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The crew of Artemis II is on their way back to Earth after breaking the record for distance traveled by humans into deep space and viewing the far side of the moon. Ed Ludlow and Caroline Hyde discuss milestones and what comes next on “Bloomberg Tech.”
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Identifying Nonobvious AI Winners

The HumanX conference is underway, highlighting developments in AI. Wesley Chan, managing partner at FPV, discusses some of the nonobvious industries where startups are leveraging AI. 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”…

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The HumanX conference is underway, highlighting developments in AI. Wesley Chan, managing partner at FPV, discusses some of the nonobvious industries where startups are leveraging AI. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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