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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

  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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