Is Tesla Even a Good Car Company?
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 15 June 2024
⏱️ 47 minutes
🧾️ Download transcript
Summary
This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss Tesla shareholders’ overwhelming support of Musk’s pay package, the return of the GameStop meme stock influencer, and why Governor Hochul killed New York’s congestion pricing plan. In the Plus segment: a Missouri restaurant has banned 20-somethings. Can they do that?
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Podcast production by Jared Downing and Cheyna Roth.
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Transcript
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| 0:00.0 | Hello! |
| 0:12.0 | Hello! Welcome to Slate Money, your guide to the Business and Finance News of the Week. |
| 0:18.0 | I'm Felix Hammond of Axios with Emily Peck of Axios. |
| 0:21.0 | Hello. |
| 0:22.0 | We're also here with Elizabeth Spires of New York time. |
| 0:25.0 | And we are going to talk about Eelon again because we can never... |
| 0:29.0 | No matter how many times we try to not talk about Eelon, we always end Elon he just won a big boat at Tesla's we're going to talk about that |
| 0:36.2 | We are going to talk about Game Stop and roaring Kitty and what is going on Cronin sexy vibes, it's all coming up on slate money. |
| 0:57.0 | Okay guys it wasn't even close. |
| 1:02.0 | We talked about this on previous episodes, how those are going to be these two big votes at Tesla, one on moving it to Delaware, one on reinstating the 56 billion dollar Elon Musk pay package which is now a |
| 1:17.3 | 44 billion dollar Elon Musk pay package because the stock has gone down. |
| 1:20.8 | Shareholders voted and overwhelmingly they voted in favor of both of them |
| 1:26.8 | even though it was hard to get a majority because retail investors don't vote and they make up a large |
| 1:32.4 | percentage of the holding and even |
| 1:35.2 | all of the big shareholder advice companies like Glass Lewis and ISS were like, you can't vote for this, |
| 1:42.0 | even though it's probably going to cost |
| 1:45.5 | Tesla like 25 billion dollars to reinstate it even though it's no incentive there's no |
| 1:50.9 | incentive involved in this because all of the incentives have already been hit in the past, |
| 1:54.9 | even though it makes no sense. Elon Musk just waltzes away with a massive, massive landslide victory on both fronts, |
| 2:03.7 | comes out at the Tesla annual meeting, |
| 2:07.1 | doing a sort of Steve bomber happy dance, |
| 2:10.2 | is completely off his tree, |
... |
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