Elon Musk envisions Tesla’s idle vehicles forming a massive distributed computing network. But turning personal cars into public compute resources raises serious questions about ownership rights and technical feasibility.
Sam Altman publicly requested a $50,000 refund for his Tesla Roadster deposit, only for the email to bounce. The incident reveals deeper issues with Tesla’s delayed projects and the ongoing feud between the tech billionaires.
American corporations are grappling with a massive capital expenditure decision as policy uncertainty creates divergent investment patterns. While big tech surges ahead with spending, traditional sectors are cutting back significantly, according to financial analysis.
American big business continues to demonstrate remarkable financial strength, with analysts suggesting that net profits have grown for the ninth consecutive quarter. According to reports, the S&P 500 index has risen by 14% this year, creating nearly $8 trillion in shareholder value. Sources indicate that short-sellers who had bet against corporate performance amid policy concerns have found themselves on the losing side of these trades.
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Investment leader Cathie Wood reportedly expects shareholders to approve Elon Musk’s unprecedented $1 trillion compensation package decisively. The proposal, facing institutional opposition, would grant Musk increased control if Tesla achieves ambitious valuation targets by 2035, according to sources.
ARK Invest founder Cathie Wood has publicly supported Elon Musk‘s proposed $1 trillion compensation package at Tesla, predicting it will pass “decisively” despite opposition from proxy advisory firms, according to her social media statements. The prominent investor, known for her bullish stance on innovative technologies, reportedly expressed confidence that shareholder support would mirror the approval of Musk’s 2018 compensation plan.
