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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

SpaceX-Tesla Combination ‘Extremely Tangible,’ Ferragu Says

Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television. ——– Like this video? Subscribe to Bloomberg Tech on…

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Pierre Ferragu, managing director at New Street Research, examines the prospect of combining SpaceX with Tesla Inc. Elon Musk openly endorsed the idea Tuesday, saying the boards of both companies had formed special committees of independent directors to consider the proposal. He speaks on Bloomberg Television.
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Bloomberg Technology

What Could a Combination of SpaceX and Tesla Look Like?

Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time. Ed Ludlow reports. ——– Like this video? Subscribe to Bloomberg Tech on YouTube:   Watch the latest full episodes of “Bloomberg Tech” with Ed Ludlow here:   Get the…

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Elon Musk said SpaceX and Tesla Inc. have formed special committees to explore a potential merger, a preliminary step toward what would rank as the largest corporate tie-up of all time. Ed Ludlow reports.
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Musk Says SpaceX, Tesla Merger Makes Sense

Elon Musk says combining SpaceX and Tesla makes sense. “There’s a lot to be gained from cooperating on developing superintelligence software,” he said during the SpaceX earnings webcast on Tuesday. Musk, who is chief executive officer of both companies, says he won’t take part in any committee discussions about the idea. ——– Like this video?…

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Elon Musk says combining SpaceX and Tesla makes sense. “There’s a lot to be gained from cooperating on developing superintelligence software,” he said during the SpaceX earnings webcast on Tuesday. Musk, who is chief executive officer of both companies, says he won’t take part in any committee discussions about the idea.
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