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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

CoreWeave, Meta Strike $21 Billion for AI Computing | Bloomberg Tech 4/9/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted. ——– “Bloomberg Technology” is our daily news program focused exclusively…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss CoreWeave’s $21 billion deal to provide compute for Meta. Plus, Meta releases a new AI model that is more competitive with rivals. And, Anthropic closes its secondary share sale that leaves some investors without the stakes they wanted.
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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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Former F1 Champ Compares AI Investing to Racing

Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch…

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Nico Rosberg, CEO of Rosberg Ventures and former Formula One World Champion, says developments in AI are moving faster than an F1 Race and investors need to be prepared for a bumpy ride. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Quantum Clocks Enable GPS-Free Navigation

Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on…

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Quantum company Infleqtion is set to launch more of its technology into space over the weekend as demand for ways to navigate without GPS grows. Matt Kinsella, CEO of Infleqtion, discusses the company’s quantum clocks and why they offer a superior option to quantum computers, for now. He joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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