Elon Musk
@elonmusk · · Original post · Share
The fundamental issue is that half of all publicly-traded shares are controlled by passive index funds who, for the most part, outsource their shareholder vote to the advisory firms of ISS and Glass Lewis. ISS and Glass Lewis have no actual ownership themselves and often vote
Support voting control for Tesla CEO
@elonmusk 🗳️ If Tesla doesn’t get the voted plan, much of Tesla will be controlled by index funds — not good for Shareholders or the future of Tesla. Vote with the Boards recommendations please!📈 Market Reaction:
ETH
Before post: $3,815.80
DOGE
Before post: $0.19
GORK
Before post: $0.00
PayPal 🇺🇸
Outside trading hoursTesla 🇺🇸
Outside trading hours🤖 AI Thoughts:
Elon Musk's latest corporate governance sermon sent crypto markets on a nap. ETH and DOGE saw negligible but consistent declines: down about 0.2% in the first minute, dipping to around 0.3% over five minutes, before a slight recovery. This is remarkably tame volatility for assets that usually treat a strong breeze as a category-five hurricane. Meanwhile, the obscure GORK defied gravity with a curious 1.2% climb, proving that when the king of memes speaks, the court jester sometimes gets the crown. It seems the market's main takeaway was to quietly sell the blue chips and buy a lottery ticket.