There's lots of reporting on this: https://www.theverge.com/2024/6/3/24170368/elon-musk-tesla-pay-package-shareholder-meeting
And opining: https://www.bloomberg.com/opinion/articles/2024-05-29/everyone-wants-elon-musk-s-attention
I've set the close date to be a week after the vote, but I will close it once one of the major publications reports the result
Ok given the complaints when I closed it yesterday, we don't have any new info today (if you see that Tesla has released actual numbers let me know)
With that in mind, I'm extending trading through tomorrow. One of the reports I read this morning said Tesla will release exact numbers in the coming days.
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Seems to have resolved with 73% voting in favor per CNN https://www.cnn.com/2024/06/13/business/elon-musk-tesla-pay-billions-vote/index.html
Let me know if you have any concerns!
Yes, this seems like a premature resolution. I even bought some NO at 99%, specifically because shareholders are allowed to change their vote until the beginning of the shareholder meeting. Not impossible to imagine some last second scandal and some large shareholders flipping.
Doesn’t matter much of course, chances of this are very small anyway.
To be clear, is this about the exact number, or about the original compensation package that was thrown out (regardless of its value at the time)?
@SeekingEternity Good clarification - I intended it to be purely about the result of the vote, but if people have been voting with something else in mind, I'm open to that discussion
There are some similar markets you can arbitrage, if desired (and you think we will resolve identically)
https://manifold.markets/IasonKoukas/will-the-new-tesla-compensation-pac
https://manifold.markets/KeenenW/will-tesla-shareholders-vote-to-rat