A man named Elon Musk, who is the boss of a car company called Tesla, got upset with a lady named Marcie Frost. She works at a big group that helps people save money for when they get old and stop working. This group is called CalPERS. Marcie said she didn't like Elon's plan for how much money he should get if he does certain things with his company. But in the past, she liked that plan. Elon thinks Marcie is not being fair and doesn't make sense. Read from source...
1. Musk is right to call out Frost on her hypocrisy and double standards. She voted for his compensation package in 2018, but changed her mind later without providing any valid reason or evidence. This shows that she is not acting in the best interest of CalPERS' members, but rather pursuing some personal agenda or political motive.
2. Frost's claim that Musk did not meet the contractual milestones is false and misleading. Tesla has achieved remarkable success under Musk's leadership, delivering record-breaking sales and profits, as well as innovating in critical areas such as electric vehicles, solar energy, and battery technology. Musk deserves to be rewarded for his performance and contribution to the company and society.
3. Frost's argument that CalPERS is breaking their word is weak and disingenuous. CalPERS is a public institution that should be accountable to its stakeholders, including its employees, retirees, and taxpayers. It has no obligation to keep supporting Musk's compensation package if it does not align with its fiduciary duties or ethical values. Frost should explain how her decision is consistent with CalPERS' mission and goals, rather than resorting to personal attacks and defamation.
4. The tone of the article is biased and sensationalist. It focuses on the conflict between Musk and Frost, rather than providing a balanced and objective analysis of the issue. It also uses emotive language such as "fires back", "makes no sense", and "breaking their word" to inflame the readers and create a negative impression of Frost. This is not journalism, but propaganda.
Bullish on Elon Musk and Tesla.
Explanation:
- The article is about Elon Musk firing back at CalPERS CEO over a compensation package vote.
- Elon Musk claims that the contractual milestones were met and accuses CalPERS of breaking their word.
- The article shows support for Elon Musk's statement by sharing his tweet on X, a social media platform he owns.
1. Buy TSLA stock at the current market price ($700 per share) as it offers significant growth potential and is undervalued compared to its peers.
2. Sell CALPERS bonds at their current market value (5% annual yield) as they are overpriced and have high default risk due to the pension fund's financial troubles.
3. Invest in SPCE stock at a price of $40 per share, as it has strong momentum and is poised to benefit from the growing demand for space tourism and exploration.