Ron Baron on supporting Elon Musk's pay package: He's created tremendous wealth for people

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  • Опубліковано 5 січ 2025

КОМЕНТАРІ • 405

  • @T35LA
    @T35LA 7 місяців тому +126

    I love Ron Barron. A man a man, a word a word.

  • @GossettsSpiveys
    @GossettsSpiveys Місяць тому +209

    One question, please! Is NVIDIA a safe buy to outperform the market this year? I'm tired of these new buys every week, just to make up some assets with a low percentage on my $236k portfolio and try to keep everything around 10%.

    • @ShepherdsHarleys
      @ShepherdsHarleys Місяць тому

      I've always advised the investors I know to exercise caution when it comes to new buys, especially right now. You should thread the market with the guidance of a qualified specialist or reliable counsel if you don't know where to look.

    • @HoffmansPrices
      @HoffmansPrices Місяць тому

      @@ShepherdsHarleys I agree. Based on personal experience working with an investment advisor, I currently have $480k in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks; you also need to be knowledgeable, persistent and have strong hands to back it up.

    • @GossettsSpiveys
      @GossettsSpiveys Місяць тому

      @@HoffmansPrices How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @HoffmansPrices
      @HoffmansPrices Місяць тому

      @@GossettsSpiveys There are many independent advisors to choose from. But I work with MARGARET MOLLI ALVEY and we've been working together for almost four years and she's fantastic. You could pursue her if she meets your requirements. I agree with her.

    • @GossettsSpiveys
      @GossettsSpiveys Місяць тому

      @@HoffmansPrices I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip.

  • @DonatellaVersace44
    @DonatellaVersace44 6 місяців тому +457

    The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

    • @BradPaisley56
      @BradPaisley56 6 місяців тому

      Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.

    • @CharleyHull-dn6nh
      @CharleyHull-dn6nh 6 місяців тому

      Keeping money in the bank is like paying banks and the Govemment. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

    • @EstefaniaWalter66
      @EstefaniaWalter66 6 місяців тому

      To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.?

    • @CharleyHull-dn6nh
      @CharleyHull-dn6nh 6 місяців тому

      Melissa Jean Talingdan a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @EstefaniaWalter66
      @EstefaniaWalter66 6 місяців тому

      Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

  • @denisrafailov6056
    @denisrafailov6056 7 місяців тому +113

    It’s not a payment of 56B. The package allows Elon to spend his own 7B into buying shares at the price when the agreement was made. Which is around $25 a share. Once purchased he cannot sell single share for next 5 years. The current valuation of these shares will be around 56B in current price.

    • @alexgamble4718
      @alexgamble4718 7 місяців тому +3

      You realise most billionaire bosses just let there existing equity appreciate as the incentive?

    • @mightandbelightnr2290
      @mightandbelightnr2290 7 місяців тому

      @@alexgamble4718 Same when you invest.

    • @KING_133
      @KING_133 7 місяців тому +27

      It don’t matter what it was or is! They agreed on it NOW pay that man simple! WTF you talking about it’s not payment. He met his obligations period

    • @robb233
      @robb233 7 місяців тому +12

      @@alexgamble4718 Most billionaire bosses don't increase the value of their company 10x over the past 5 years. How is 'just conform' your actual argument?

    • @George-f8h
      @George-f8h 7 місяців тому +7

      @@KING_133 Doesn't matter? You mean it also doesn't matter the board of directors that approved the package are his buddies and his brother? What if they had offered him not $300 billion instead of $50+ billion? Anyways, the court nullified the agreement, and it's up to the current shareholders to decide.

  • @douglasgray3206
    @douglasgray3206 7 місяців тому +47

    How many guys can go on CNBC and tell the hosts what the topics will be? Gotta love it! Respect!

    • @Dividendflywheel
      @Dividendflywheel 7 місяців тому

      You’ve got to have your talking points to stay on track

  • @justice1902
    @justice1902 7 місяців тому +66

    People with integrity support Elon's well deserved pay package.

    • @AlsadsajsAlsadsajs-vl7th
      @AlsadsajsAlsadsajs-vl7th 7 місяців тому +5

      Yes he should get paid for past work. He should also get fired for his current work. 2 things can be true at the same time

    • @Jojo-o6o6w
      @Jojo-o6o6w 7 місяців тому

      @@AlsadsajsAlsadsajs-vl7th

    • @jonathanahten7006
      @jonathanahten7006 7 місяців тому +7

      @@AlsadsajsAlsadsajs-vl7th Put his firing to a shareholder vote and I would bet you the owners of the company would wildly disagree with your opinion.

    • @Lexyboogie
      @Lexyboogie 7 місяців тому

      ​@@jonathanahten7006 Yeah because he IS the company and a ton of people are only shareholders because of HIM. It's the reason why Tesla's stock price can skyrocket so much in a short period without any logical economic justification. All he needs to do is tweet some sort of unrealistic deadline or product and all the Musky's run to their Schwab accounts to shower him with more money. His value creation strategy has revealed itself to be an obvious Ponzi scheme at this point.

    • @uhspagettspookedya
      @uhspagettspookedya 7 місяців тому

      @@jonathanahten7006He should be forced to pick 4 other ventures and quit, or walk from Tesla. Pick one, but he can’t pretend he’s some genius who does it all. He’s not an inventor, he’s a marketer.

  • @Ronnieleec
    @Ronnieleec 7 місяців тому +46

    I watched this live. I cheered the whole time. Ron is a treasure.

  • @intheskymusic
    @intheskymusic 7 місяців тому +81

    Obviously elon needs to get paid ..simple.
    It was agreed upon. Duh

    • @azumishimizu1880
      @azumishimizu1880 7 місяців тому +6

      No

    • @chriseden9907
      @chriseden9907 7 місяців тому +3

      Yes

    • @George-f8h
      @George-f8h 7 місяців тому +2

      He's overpaid, duh. Shareholder here. Vote hell no!

    • @LB-fish
      @LB-fish 7 місяців тому

      yes

    • @jonathanmack6285
      @jonathanmack6285 7 місяців тому +3

      @@George-f8hHe took minimum wage pay for the last decade. Someone is uneducated…

  • @That_TSLA_Dude
    @That_TSLA_Dude 7 місяців тому +77

    PAY ELON! HE DESERVES IT!! TALK ABOUT HITTING ALL YOUR MARKS!

    • @alexnhan8527
      @alexnhan8527 7 місяців тому

      WTF are you talking about? Elon tanked the share price by 50% in the last 2 years. He's been a sh*tty CEO. Spending most of his time on other things other than Tesla.

    •  7 місяців тому +7

      Musk worship is so utterly bizarre

    • @alexnhan8527
      @alexnhan8527 7 місяців тому

      WTF are you talking about?! What marks? Elon has dropped the stock price 50% over the last 2 years! He's a sh*tty CEO. To busy playing around with twitter.

    • @brettfine3444
      @brettfine3444 7 місяців тому

      @That_Cyber_Dude Is this you, space karen? We know you have been roleplaying as a toddler for years. Sad!

    • @gastongeneral6861
      @gastongeneral6861 7 місяців тому +1

      That Cycber Dude. Yes, he really hit the mark with semi truck sales didn’t he?
      PepsiCo Ordered 100 Tesla Semis In 2017. Tesla Delivered 36 So Far
      Tesla built roughly 140 Semis to date, according to historical data and a new report from Reuters
      His mark:
      In late 2022, Tesla CEO Elon Musk said that the annual production of the Semi would reach 50,000 units in 2024.
      Fast-forward to June 2023, and the outspoken head honcho toned down his expectations and said that the company doesn’t expect to start higher-volume production of the electric Semi before late 2024, citing battery supply constraints. So let’s see how the manufacturing ramp-up went so far.
      What is the situation today:
      PepsiCo Ordered 100 Tesla Semis In 2017. Tesla Delivered 36 So Far
      Tesla built roughly 140 Semis to date, according to historical data and a new report from Reuters.
      So much for the mark of 50,000 units.
      Excuses please! No doubt, everyone here has them!

  • @Harmsyx
    @Harmsyx 7 місяців тому +19

    Ron Baron is the man!

  • @sergeirybakov1655
    @sergeirybakov1655 7 місяців тому +18

    Respect to Ron!
    Media is calling it "pay package." That is incorrect term.
    It is compensation package, where Elon actually will be paying to Tesla.

  • @kortyEdna825
    @kortyEdna825 7 місяців тому +223

    Transfer of wealth usually occur during market crash, so the more stocks drop, the more I buy, in the meanwhile I'm just focused on making better investments and earning more as recession fear increases, apparently there are strategies to 3x gains in this present market cos I read of someone that pulled a profit of $350k within 6months, and it would really help if you could make a video covering these strategies.

    • @Pamela.jess.245
      @Pamela.jess.245 7 місяців тому +3

      Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money or you could hire a financial expert.

    • @brucemichelle5689.
      @brucemichelle5689. 7 місяців тому +2

      Yeah, financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2020, and I return at least $30k ROI, and this does not include capital gain.

    • @NicholasHarmon-ow3jl
      @NicholasHarmon-ow3jl 7 місяців тому +1

      Would you mind telling me how to contact this specific coach using their service? You seem to have the solution, as opposed to the rest of us.

    • @brucemichelle5689.
      @brucemichelle5689. 7 місяців тому

      I've shuffled through investment coaches and yes, they can be positively impactful to an individual's portfolio, but do your due diligence to find a coach with grit, one that withstood the 08' crash. For me, ‘’Marisa Michelle Litwinsky’’ turned out to be better and smarter than all the advisors I ever worked with till date, I’ve never met anyone with as much conviction.

    • @PatrickFitzgerald-cx6io
      @PatrickFitzgerald-cx6io 7 місяців тому

      Thanks, I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get.

  • @bcampbell4146
    @bcampbell4146 7 місяців тому +43

    Voted YES. Tesla will change the world.

    • @George-f8h
      @George-f8h 7 місяців тому +2

      Change the world! 🤣🤣🤣 Hook, line, and sinker. You bought into a lie.

    • @gadatab3861
      @gadatab3861 7 місяців тому

      It already did. Got the EV revolution started and made it possible for China to flood the market with cheap EVs. Tesla is now the new Ford

    • @raghuhiriyur
      @raghuhiriyur 7 місяців тому

      Votes against it

    • @Ye-tf9im
      @Ye-tf9im 7 місяців тому

      @@George-f8hyou mad you ain’t make profits of Tesla?😂

    • @attilasuto6013
      @attilasuto6013 7 місяців тому

      @@George-f8h But you own the stock! So actually, you bought into a lie by your own admission!

  • @Michael-ul7kv
    @Michael-ul7kv 7 місяців тому +7

    obviously punishment for not playing along with the biden admin.

    • @Ramsseasontkthldr
      @Ramsseasontkthldr 7 місяців тому

      That's a ridiculous and ignorant statement. Ignorant people always think the government is at the base of their woes... Just one moronic Judge is the problem here .. let's not turn this into the President is after me.... The real question is, why would the Judge be able to overturn a contract in the first place??

  • @milleddtube8755
    @milleddtube8755 7 місяців тому +20

    Geniuses are often disliked or misunderstood for several reasons:
    1. Jealousy-Their exceptional abilities and achievements can make others feel inadequate or envious.
    2. Nonconformity-Geniuses often think and behave differently from the norm, which can be unsettling or threatening to others.
    3. Communication- They may have difficulty communicating their ideas in a way that others understand, leading to frustration and misunderstandings.
    4. Challenging Status Quo -Their ideas and innovations can disrupt established systems and beliefs, causing resistance from those invested in maintaining the status quo.
    5. Social Skills- Some geniuses might lack social skills or emotional intelligence, leading to awkward interactions and strained relationships.
    These factors can contribute to a negative perception of geniuses

    • @alexgamble4718
      @alexgamble4718 7 місяців тому +5

      6. Lying repeatedly.
      7. Operating the company for his benefit despite minority ownership.

    • @Jojo-o6o6w
      @Jojo-o6o6w 7 місяців тому

      @@alexgamble4718

    • @bruh-tq2pw
      @bruh-tq2pw 7 місяців тому +1

      @@alexgamble4718lmao true. It’s scary realizing I’m the same species as these people.

  • @relaxingtravel-LosAngeles
    @relaxingtravel-LosAngeles 7 місяців тому +6

    If he was a JB supporter This would of never occurred. Lets just be honest. I voted for Obama twice and I can clearly see this.

  • @drunkntigr
    @drunkntigr 7 місяців тому +10

    People need to watch till 4:50 and realise how much this whole thing is just taken advantage of by the lawyer representing the shareholder who has like 9 shares and sued.

    • @uhspagettspookedya
      @uhspagettspookedya 7 місяців тому

      Barron is a liar and CNBC is a joke for not correcting him on that point. There’s no “One lawyer” notice he didn’t name names? Because it’s three law firms and 4 lead partners/attorneys who lead the case not one dude. Such a gross misrepresentation, like it’s Michael Avenatti or something lmao

  • @mlmoreno75
    @mlmoreno75 7 місяців тому +93

    Pay Elon!!!

    • @amirthephotographer
      @amirthephotographer 7 місяців тому +2

      Buy a tesla....lol

    • @mdo5121
      @mdo5121 7 місяців тому +3

      yeah he had a great year...that is what compensation is about

    • @user-hf2dr7sh4y
      @user-hf2dr7sh4y 7 місяців тому

      For what? Creating a company grown on tax credits and tariffs on Chinese EVs, when the CCP has proven they can make the layman a cheaper EV at far less the cost that Elon's auto-pilot trap? Talk about bad business. They should sue him for lying whenever he said Tesla was years ahead of the competition and they believed him on good faith. Tesla is not. It is far behind the competition.

    • @George-f8h
      @George-f8h 7 місяців тому +2

      Fire Elon. I'm voting "NO!"

    • @marcuskorell2930
      @marcuskorell2930 7 місяців тому

      @@George-f8h deeeeerpadeeeerp!

  • @Johnrowland1982
    @Johnrowland1982 7 місяців тому +13

    elon is a national treasure and those who have been hating on him lately will be on the wrong side of history

  • @ncprealty3844
    @ncprealty3844 7 місяців тому +28

    CNBC should provide more time for Ron, his wisdom is very helpful.

  • @lizi122
    @lizi122 7 місяців тому +7

    “created tremendous value for EVERYONE”??!! Current bag holders on X and youtube - hold my bag for me! 😂

  • @lidiasantoro3098
    @lidiasantoro3098 7 місяців тому +9

    How many millionaires and multimillionaires have all those envious people created? Not many.
    Elon is worth every cent he could be given.
    He puts all his money to good use for humankind.

  • @harrychu650
    @harrychu650 7 місяців тому +18

    If legendary investor Ron Baron says vote in favor of Elon Musk's compensation package, then we vote accordingly.
    Why at these ultra low prices, they are practically giving away Tesla shares.

    • @eliopalombi
      @eliopalombi 7 місяців тому +1

      ultra low prices HAHAHAHAHAHAHA

    • @gadatab3861
      @gadatab3861 7 місяців тому +3

      Baa~ baa~ 🐑

    • @eliopalombi
      @eliopalombi 7 місяців тому

      @@gadatab3861 LMAO

    • @TB1M1
      @TB1M1 7 місяців тому

      Tesla is a terrible investment, it has been for 8 years now.

    • @uhspagettspookedya
      @uhspagettspookedya 7 місяців тому

      “If the guy who’s afraid of losing his shirt says to jump in the water, then we jump in the water!”
      Cut to Elon and Barron stepping on you like a bridge over a moat saying “Thanks.”

  • @andrerodriguez7603
    @andrerodriguez7603 7 місяців тому +5

    Musk deserves his pay package. He’s made so many average retail investors millionaires. If it wasn’t for Musk I’d be struggling in my retirement, like allot of people my age. I’d definitely still be working somewhere.

    • @pse2020
      @pse2020 7 місяців тому

      The oposite can be said for those who started investing the last 3 years... The stock went up because elon lied... Now the lies are aparent... The company have yet to deliver on its promises and elon is concentrating on other stuff... 20 mil cars a year? Gone? FSD was suppose to be ready in 2017... Still far from it... No roadster...
      The dude has failed and china is eating his lunch... He wants out and the company might not even survive. He is also getting sued left and right.

  • @indiecrypto
    @indiecrypto 7 місяців тому +2

    Well said that how you transfer wealth from poor to rich. Fuedal baron

  • @emerica187
    @emerica187 7 місяців тому +7

    Vote yes for this man's package

  • @bucketofampz
    @bucketofampz 7 місяців тому +3

    pay the man!!!!!!!!!!!!!

  • @randotkatsenko5157
    @randotkatsenko5157 7 місяців тому +20

    Pay the genius of our time.

    • @eliopalombi
      @eliopalombi 7 місяців тому +5

      I'm not sure who you're referring to because it's definitely not Elmo

    • @randotkatsenko5157
      @randotkatsenko5157 7 місяців тому +2

      ​@@eliopalombi The video is about Elon Musk and his pay package, so I don't know why you are coming here with some random opinions.

    • @milleddtube8755
      @milleddtube8755 7 місяців тому

      @@randotkatsenko5157
      this guy probably lost money on TSLA . Probably invested back in 2020 when ppl where investing on Tesla just for the hype.

    • @bullpup1337
      @bullpup1337 7 місяців тому

      @@randotkatsenko5157Elmusk is a clown, whoever thinks he is a genius also probably thinks the cybertruck is a great car and Trump the best president, am i right?

    • @randotkatsenko5157
      @randotkatsenko5157 7 місяців тому

      @@bullpup1337 You are absoluley 100% correct.

  • @hplian29
    @hplian29 7 місяців тому +2

    No one able to achieve what Musk had done for the past decade. He is unreplaceable. If the share holder don't support Musk pay package, I think Musk will walk away from Tesla, I would. Because it means Tesla share holders don't appreciate Musk past contribution. This is not about money, Musk already has so many billions, is about appreciation and what had been agreed before. Just like you went to Walmart to buy an item cost usd5.25, you got usd5.20 only, you said to cashier is only 5 cents, why can't you let me off. It is not about the money, is the principle and how the system works. Just like the pay compensation plan which was put into place in 2018, it is not about the package amount, it is about the trust, the appreciation.

  • @MrFoxRobert
    @MrFoxRobert 7 місяців тому +9

    Thank you Ron!

  • @MeetKevin
    @MeetKevin 7 місяців тому +17

    Pump it up
    You got to pump it up
    Don't you know, pump it up
    You got to pump it up

    • @keithng5249
      @keithng5249 7 місяців тому +9

      Because you are more qualified than a over 80 years old investor billionaire.

    • @TheStockist
      @TheStockist 7 місяців тому

      @@keithng5249 80 or 8 years doesn't matter, the point is whether it's legally valid or not. If its valid, pay him,

    • @uhspagettspookedya
      @uhspagettspookedya 7 місяців тому

      @TSLA_DailyNo that would be someone who cosplays as a Tesla News channel

  • @markheavey9689
    @markheavey9689 6 місяців тому

    What kind of watch is he wearing? Very elegant and understated. Speaks with conviction.

  • @mrdurdan67
    @mrdurdan67 7 місяців тому +30

    I voted pay him. A deal is a deal

  • @300zxster
    @300zxster 7 місяців тому +1

    The lady keeps interrupting him let the billionaire finish his thought

  • @rollingmotion
    @rollingmotion 7 місяців тому +8

    Did i hear that correctly? 1 person with 9 shares started this mess? Wtf

    • @FinanceNinja
      @FinanceNinja 7 місяців тому +4

      And the funny thing is, is that even he (assuming he held) is up like 10x.

    • @JurOz1980
      @JurOz1980 6 місяців тому +1

      It unbelievable. Its so unfair. I’m a Tesla holder and i support that he is getting paid. Without him no Tesla

    • @henrylim9517
      @henrylim9517 6 місяців тому +1

      This person needs to be counter sued by all Tesla investors.

  • @deanjoon1527
    @deanjoon1527 6 місяців тому

    Give him his Billions AND no taxation for him! This is OUR AMERICA!!!

  • @jaymoney522
    @jaymoney522 7 місяців тому +4

    I get the whole world hates elon... But how they can blatantly go against a lawful contract- thats been backed by shareholders, and then pay these money grubbing lawyers and the clown w 9 shares... It is corruption plain and simple... The judge has vested interests you can be assured of that.

  • @samanmudannayaka9604
    @samanmudannayaka9604 7 місяців тому +2

    Would you rather give 50 Billion to Elon or give 5Billion to the lawyer? Which would make the world a better place?

    • @uhspagettspookedya
      @uhspagettspookedya 7 місяців тому

      If I’d have to choose, Give the money to the person who actually works for a living vs. the one who tweets all day

    • @samanmudannayaka9604
      @samanmudannayaka9604 7 місяців тому

      @@uhspagettspookedya I think Elon tweets on the job, while lawyers chat with the meter running.

  • @edwardhackett-jones8126
    @edwardhackett-jones8126 7 місяців тому +8

    Any shareholder who doesn’t vote with the board on this has no integrity. It’s that simple - contract agreed, contract fulfilled by one party. Time for shareholders to fulfil their side and insist that Musk receives his compensation.
    Also vital to leave Delaware as there’s no chance of fair treatment there anymore.

    • @nickgrace5363
      @nickgrace5363 7 місяців тому

      Investors are in negative returns . Underperforming everything being invested in Tesla . Perhaps, Elon should have performed better in Teslas best interest then causing shareholders to lose 50% of their value during these past 3 years . Think about the investors that’s bought 3 years ago . Their vote counts as they voted looking at their investment -50%. So no integrity, they are just dumb investors then too . But Elon deserves $55 billion 🤣 and his brother liquidated $$$ millions . As Elon never told his bro he was gonna buy twitter too before the stock sales

  • @DQ-su6qf
    @DQ-su6qf 7 місяців тому +8

    Voted pro Elon..All-in Shareholder for 14 years

    • @attilasuto6013
      @attilasuto6013 7 місяців тому

      Lucky dog you are, I was scared to buy his stock at $9 a share, I thought he was going to go out of business, and I just got burned on airline stocks back then. The freaking experts were wrong on both front!

  • @moneymike7982
    @moneymike7982 7 місяців тому +18

    Elon got my vote.

    • @kimle9271
      @kimle9271 7 місяців тому

      How do you vote for Elon?

    • @moneymike7982
      @moneymike7982 7 місяців тому

      @@kimle9271 I am a shareholder and was sent an email with a link and information.

  • @MrEsphoenix
    @MrEsphoenix 7 місяців тому

    Man, if people stood up for the unfortunate in our society as much as they do for a billionaire getting more billions the world would be a better place. The guy has more money than he could ever spend and yet people are concerned that he might not get more. Sad people.

  • @ChipperJones99
    @ChipperJones99 6 місяців тому

    @1:15 “It’s also a $13 cost.” What a flex!

  • @sport504
    @sport504 7 місяців тому +3

    Bringing Internet in the amazon like it hasn't been done before 😂😂😂

  • @michelstronguin6974
    @michelstronguin6974 7 місяців тому

    If the vote passes, the 56 billion dollars aren't actually awarded to Elon, instead Tesla gains just north of 7 billion dollars. This is because Elon simply gets the right to BUY shares from the company - shares which have already been issued in the past, so there is no dillution of current shareholders. In fact, shareholders gain 7 billion dollars because those 7 billion go directly to the bottom line of the company. This is why voting yes is not only obvious for those who support Elon, but also for those who don't support him.

  • @salvadorcoling7824
    @salvadorcoling7824 7 місяців тому +2

    The real shareholders of Tesla should support Elon Musk wholeheartedly in order for Tesla to continue its upward trend in the EV industry and sustainable energy transition. Tesla is not an Enron type of company. It’s an alive entity that is changing the world. Crockpots are trying to make money off Tesla.

  • @ob1o675
    @ob1o675 7 місяців тому +5

    Ron, best spokesman for Elon and Tesla by far. Where is Gordon by the way 🤔? Asking for a friend.

    • @markavelisocal
      @markavelisocal 7 місяців тому

      Of Gordon shorted them stock from $400 down to $170 ish where it’s at. I’m sure Gordon is doing fine. I’m a Tesla investor but 4.5 years now the stock has been flat

  • @kurtdobson
    @kurtdobson 6 місяців тому

    Corporations have a compensation committee. No one Else matters.

  • @uhspagettspookedya
    @uhspagettspookedya 7 місяців тому

    CNBC did a shameful job not keeping Ron in line, he told multiple mistruths in this interview and they just agreed with him. Example- He’s either an idiot or a liar for acting like 1 attorney is asking to get paid 5B. Three law firms, 4 lead attorneys and thousands of billable hours over years and years are on the hook and the loser pays the fees. That’s how it works and he knows that. Of course they’re going to aim high to get paid.

    • @jonathan5654-h2h
      @jonathan5654-h2h 7 місяців тому

      Agree with what is mention but the problem would be i rather pay elon then this law firm 😂 .

  • @TaskerTech
    @TaskerTech 6 місяців тому +1

    we do have clothes in the amazon LOL

  • @infochannel392
    @infochannel392 7 місяців тому

    I typed into CHATgpt "What is the legal argument to change musk's compensation package?"
    One of the answers was "Fiduciary Duty: Board members have a fiduciary duty to act in the best interests of the shareholders."
    But doesn't "Fiduciary Duty" come into play by maintaining the company's word and bond with contracts written? If the company abandons past agreements this would reflect poorly on potential contracts necessary for going forward and thus hurt the fiduciary interest of the company.
    Example: Tesla wants to create a company in "x" city (no pun intended) but the city manager advises the council members to decline based on the past track record of the company, Tesla, not living up to contractual obligations.
    The fiduciary interest of a company has more to do than with a temporary money grab, which Musk's compensation package doesn't even afford the board to do. As I understand it even the dilution of stock was taken into account when this was voted on in 2018.
    I haven't heard a single argument to defend declining his compensation package. Are there any atty's out there who can shed some light on this insane lawsuit?

  • @greaselighting101
    @greaselighting101 7 місяців тому

    I did exceptionally well thanks to Elon. Pay this man!

  • @chem7553
    @chem7553 7 місяців тому +5

    He did what was promised. Now it's time for the board to do what was promised.
    The judge ruled for nothing actionable in terms of changing the board or the size of CEO pay packages, despite declaring that those were the issue. All that the judge did was invalidate the package toward Musk. Doesn't sound like justice.

  • @ExecutiveZombie
    @ExecutiveZombie 7 місяців тому +7

    Sir Ron Baron has a tan in competition with me… ☀️😎 Thank you. 🙏🏽

  • @Nuno_Alves
    @Nuno_Alves 7 місяців тому +1

    And Elon will probably invest all the money back in his companies and create more wealth

  • @howard6433
    @howard6433 7 місяців тому +3

    Are those urging shareholders to vote against the pay package more interested in maximizing current profits at the risk of sacrificing future innovation? Sounds like what happened to Boeing, when bean counters took over from engineers.

  • @Uchihawallstreet
    @Uchihawallstreet 7 місяців тому +1

    What is the percentage of Elon winning a lawsuit if they don’t pay him?

  • @robb233
    @robb233 7 місяців тому +3

    It's like winning the lottery and then suing to not pay the ticket price.

  • @TheGmr140
    @TheGmr140 7 місяців тому +1

    Who cares, tesla is over, now comes Chinatown 😅😅😅

  • @mriphone1000
    @mriphone1000 7 місяців тому +2

    Pay Elon already before he takes his ball and leaves, and people saying he doesn't deserve it. Tesla wouldn't be where it is without him. He built these teams of people.

  • @ruipais2982
    @ruipais2982 7 місяців тому

    Imagine doing this to politicians. If you dont do what you promised during the campaings you go to jail.

  • @ExecutiveZombie
    @ExecutiveZombie 7 місяців тому +7

    Handshake business is Trust and Class… Rare but banked on integrity… 1.

  • @lourdessilva6442
    @lourdessilva6442 7 місяців тому

    Sem palavras es gigante que a pequena essa turma e a humanidade agradece realmente esta fazendo milhares de milagres isso não tem preço

  • @VictorJohansson-fp2pe
    @VictorJohansson-fp2pe 7 місяців тому +10

    Pay the man.

  • @ninettehalpin2779
    @ninettehalpin2779 7 місяців тому +1

    I totally agree. Elon never took a penny of salary all these yrs. His compensation was all based on meeting specific metrics which hes met. He has accomplished every goal & has superceded what anyone dreamed possible. Vote yes

  • @dabrain22video
    @dabrain22video 7 місяців тому +24

    i voted all my shares yes of course.

    • @TheilliterateLibrarian
      @TheilliterateLibrarian 7 місяців тому

      I voted whenever it said “recommended by board” is that correct?

  • @rorykeegan1895
    @rorykeegan1895 7 місяців тому +2

    Ron is correct on this ...

  • @RZH2023
    @RZH2023 7 місяців тому +1

    Voted. Go Tesla!
    Some of my previous predictions, not an investment advice: 1) NVDA will be the largest company in the world within 2 years 2) TSM will be a $1 trillion company within 2 years 3) QCOM will triple in 3 years 4) major crypto will double from here within a year 5) Finally TSLA will be the largest company in the world within 5 to 7 years and TSLA will be the first $10T company longer term

  • @teriliebmann5157
    @teriliebmann5157 6 місяців тому

    Elon earned his money "past tense"
    Was voted for, should not have been overturned

  • @MichaelMatthewConnell
    @MichaelMatthewConnell 7 місяців тому +1

    Ron Baron is great! Elon Musk is Amazing! Pay Elon what is owed to him!!!

  • @clifcody
    @clifcody 7 місяців тому

    These details are STUNNING. Thanks for sharing this

  • @srlind2835
    @srlind2835 6 місяців тому

    56 million is more then enough for Mr Musk!

  • @EasyTechTrading
    @EasyTechTrading 7 місяців тому

    if i heard this right. the guy whos sues elon for unfair compensation package only have 9 shares of the company? wtf?! and this is one of the reason why tesla tanking? theres some people out there who has more than 10 shares and they’re not even mad about it. 😂
    news just hating on elon.

  • @cmac7384
    @cmac7384 7 місяців тому

    I believe in paying Elon, too. I own Rivian stock when Tesla goes bankrupt. I'll clean up.

  • @joelelbear
    @joelelbear 7 місяців тому

    why aren't the telling baron he should get investigated for talking about his position and that he should get arrested for market manipulation like they are with Keith Gill a.k.a Roaring Kitty

  • @KK-pm7ud
    @KK-pm7ud 7 місяців тому

    Ron sure knows that the directors of the company are Elon's puppet. It's wasn't an arm's length negotiation.

  • @BattousaiZ
    @BattousaiZ 7 місяців тому +1

    Crazy judge shows that America is not pro business

  • @Joseph5571
    @Joseph5571 7 місяців тому +5

    FYI we are buying Tesla not because of Tesla but because of ELON MUSK! Thus, please pay him. If he leaves the company, we will never buy Tesla anymore.

    • @Lexyboogie
      @Lexyboogie 7 місяців тому

      Talk about a cult.... 😮

  • @marieantoinetteebejer2035
    @marieantoinetteebejer2035 7 місяців тому +14

    Pay the man

  • @josealvarez9517
    @josealvarez9517 7 місяців тому

    I say let all the shareholders put an outlandish value on one person. People are flawed and eventually gravy trains stop hard.

  • @flossing1o1
    @flossing1o1 7 місяців тому

    Give the man his pay. Pay Elon.

  • @lawrencecole6527
    @lawrencecole6527 6 місяців тому

    SO they're straight up trying to take his money, daym.

  • @1977SITHLORD
    @1977SITHLORD 7 місяців тому +2

    All hail Ron!

  • @mattdrummond9087
    @mattdrummond9087 7 місяців тому +3

    This is what the beginnings of socialism look like.

  • @MarinosTV1
    @MarinosTV1 7 місяців тому

    🔥🔥🔥 well done Ron

  • @chandleredwards
    @chandleredwards 7 місяців тому

    Richest salesman in the world fired 20% after denial of a $56B bonus... All in the name of advancing society? Or blatant greed? 🤔

  • @clifcody
    @clifcody 7 місяців тому

    Great guest. What an insightful perspective

  • @jeffreysmith6161
    @jeffreysmith6161 7 місяців тому +1

    All Tesla share holders should vote for Elon’s package and to leave Delaware.

  • @marijaknezevic98
    @marijaknezevic98 7 місяців тому

    I expect 80% will vote for Elon

  • @Personalfinance_10174
    @Personalfinance_10174 7 місяців тому

    Only issue I have w/Ron, wasn't it originally "T" as in 56 Trillion - I mean c'mon once we get the automated robotic deep space factor-9 special sauce juiced-turnips, the stock obviously will go up. Of course, duh.

  • @MatthewThornton-rj9tr
    @MatthewThornton-rj9tr 7 місяців тому

    ELON MUSK got the Nobel Peace prize

  • @samanmudannayaka9604
    @samanmudannayaka9604 7 місяців тому

    Elon to be paid 50 Billion for generating 500 Billion of wealth. Lawyer asking for 5 Billion for doing what you said?

  • @larryhorowitz6690
    @larryhorowitz6690 7 місяців тому +1

    I agree that a deal is a deal, and should be respected. Beyond that, Ron Baron’s money is hostage here, because if Elon shifts his focus away from Tesla the stock is likely to tank.

    • @uhspagettspookedya
      @uhspagettspookedya 7 місяців тому

      Yeah it’s pretty ironic that he’s whining and pumping on TV that the vote should be yes, arguing that there’s these ulterior motives by the shareholders and lawyers who sued over the deal, while peering over a multibillion dollar cliff of a shareholder vote.

  • @jonneye
    @jonneye 7 місяців тому

    Yes

  • @PranavRajagopal
    @PranavRajagopal 7 місяців тому

    Vote FOR!

  • @ElonMuskDailyLife
    @ElonMuskDailyLife 7 місяців тому +1

    Finally, CNBS thank you for inviting someone who has skin in the game instead of inviting guests who owns ZERO shares of $TSLA to then give their strong OPINIONS on how shareholders should vote or vote against Elon Musk.

  • @michaelmcmullen354
    @michaelmcmullen354 7 місяців тому

    Seems like a substitution of perverted legal ethics for personal and business ethics.

  • @leonesea32
    @leonesea32 7 місяців тому +3

    All the shareholder that wants to null the contract, how about we null the Elon's pay package but we also return your share in cash (But with the valuation based on the date the pay package was agreed). You can't keep the elon's service but not pay. WTF

    • @Corgiking521
      @Corgiking521 7 місяців тому

      The company has had terrible performance over the last couple years.
      It’s down 26% while every other tech stock is pumping higher.
      He gets paid when the company actually performs.

    • @sportsyt-jt3mx
      @sportsyt-jt3mx 7 місяців тому

      @@Corgiking521 It''s not everyone's fault that you bought in at the 2021 highs lol. Company has still dramatically outperformed every stock over the past 10 years. Integrity is important which is something most people don't have. Pay Elon.

  • @begufibegufi6355
    @begufibegufi6355 6 місяців тому

    I'm retail investor and vote against it

  • @hikeyt2747
    @hikeyt2747 7 місяців тому

    ❤❤❤❤Ron Baron❤❤❤❤