Syz the moment

Board members recommended shareholders approve the pay plan, which they introduced in September. Top proxy advisors Glass Lewis and ISS recommended voting against it. Results of the vote were announced on Thursday at the company’s annual shareholders meeting in Austin, Texas. The package for Musk consists of 12 tranches of shares to be granted if Tesla hits certain milestones over the next decade. It would also give Musk increased voting power over the company, acceding to demands that he’s made publicly since early 2024. The full award would give Musk, who already holds about 13% of the EV maker, more than 423 million additional shares and take his stake to about 25%. Musk would receive the first tranche of stock if Tesla hits a market capitalization of $2 trillion. Tesla’s current market cap is $1.54 trillion. The next nine tranches would be awarded if Tesla’s value increases by increments of $500 billion, up to $6.5 trillion. Musk would earn the last two tranches if the market cap rises by increments of $1 trillion, meaning it would need to hit $8.5 trillion for Musk to get the full package. Other goals tied to the pay plan include reaching 20 million vehicle deliveries, 10 million active FSD subscriptions​, 1 million bots delivered and​ 1 million robotaxis in commercial operation. To date, Tesla has delivered more than 8 million vehicles, according to its September proxy statement. Source: CNBC

Source: Omkar @psomkar1

"Stop thinking of your job as 1 big thing. Instead, think of your job as a bundle of tasks" "In the future, managing robots will be more important than managing humans" "GPT is the new MBA" Source: @Uncle Shaan on X

Can't wait for The Big Short 2 Source: Wall Street Memes on X

At the APEC CEO Summit in South Korea, Jensen Huang painted a powerful picture of what’s happening in AI right now — and why growth might only accelerate from here. He explained it simply: “The AIs get better. More people use it. More people use it — it makes more profit. More profit creates more factories. More factories create better AIs. And the cycle repeats.” That’s the AI virtuous cycle — a self-reinforcing loop driving innovation, usage, and investment at record speed. 💡 The result? Smarter models → More adoption → Bigger profits → Massive infrastructure buildouts → Even smarter models. It’s not just hype, it’s momentum. Big Tech is pouring billions into AI infrastructure, fueling this cycle and redefining how fast industries evolve. Source: CNBC

Source: Voronoi app by Visual Capitalist

Source: Trend Spider

The low-fire, low-hire labor market could become a "high firing - no hiring" when the next recession will arise Source chart: Antonio Linares @alc2022