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Elon Musk's $55 billion pay deal with Tesla has upset investors. One of Tesla's biggest investors said they will do their best to stop this deal. [click to get free USDT](https://www.binance.com/en/my/wallet/account/payment/binancepay/sharecryptoboxes?registerchannel=299195125060476928&ref=LIMIT_CB2L8489&theme=global&_dp=L3dlYnZpZXcvd2Vidmlldz90eXBlPWRlZmF1bHQmbmVlZER5bmFtaWM9dHJ1ZSZuZWVkTG9naW49ZmFsc2UmdXJsPWFIUjBjSE02THk5M2QzY3VZbWx1WVc1alpTNWpiMjB2ZTJ4aGJtZDlMMjE1TDNkaGJHeGxkQzloWTJOdmRXNTBMM0JoZVcxbGJuUXZZbWx1WVc1alpYQmhlUzl6YUdGeVpXTnllWEIwYjJKdmVHVnpQM0psWjJsemRHVnlZMmhoYm01bGJEMHlPVGt4T1RVeE1qVXdOakEwTnpZNU1qZ21jbVZtUFV4SlRVbFVYME5DTWt3NE5EZzVKblJvWlcxbFBXZHNiMkpoYkE9PQ==) Musk has been in a disagreement with Tesla investors over this $55 billion pay deal. This 2018 agreement involved Tesla meeting certain sales targets, with Musk getting shares in return. As a result, Musk made $55 billion. In January, we reported that the court canceled this deal. Recently, Marcie Frost, CEO of CalPERS (one of Tesla's largest investors), said they will work hard to stop the deal from happening. Frost stated that the company’s growth doesn't justify such a large pay deal for Musk. Other investors agree with CalPERS.

Elon Musk's $55 billion pay deal with Tesla has upset investors. One of Tesla's biggest investors said they will do their best to stop this deal.

click to get free USDT

Musk has been in a disagreement with Tesla investors over this $55 billion pay deal. This 2018 agreement involved Tesla meeting certain sales targets, with Musk getting shares in return. As a result, Musk made $55 billion.

In January, we reported that the court canceled this deal. Recently, Marcie Frost, CEO of CalPERS (one of Tesla's largest investors), said they will work hard to stop the deal from happening.

Frost stated that the company’s growth doesn't justify such a large pay deal for Musk. Other investors agree with CalPERS.

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So basically, as expected. If you read my post from a few days ago, I said the FOMC meeting would likely be volatile but that Powell would say they need more data. This is exactly what happened. The CPI data gave us hope, but Powell, as in all recent meetings, said they need more proof and more data. The FED gave little indication of when they might cut rates. The CPI and the following FOMC meeting were basically a pump and dump for crypto, as has happened many times this year. This is why in my post an hour before the FOMC meeting, I said not to use high leverage or margin based on the CPI data. I hope people are starting to listen to me. I have a method in my madness; it's not just drama or FUD. A Japanese reporter asked about the US inflation affecting other economies, which I mentioned before regarding carry trading. Powell tried to avoid answering, saying it was up to the Treasury to handle that. Don't be fooled. The outside effect and pressure from other central banks will push the FED to lower rates. The longer US rates stay much higher than Europe, Canada, and Asia, the worse it is for the global economy. (Read my "Wednesday is key" post for more info.) I think it's almost certain they will lower rates in September because they have no choice. Until then, we will have to endure the ups and downs of crypto and everything that affects its price. I don't see any sustained break above a $2.6T crypto market cap until interest rates are lowered, so be cautious about entering long positions near this point. Don't forget, tomorrow we have PPI and unemployment data, and on Friday, the BOJ policy decisions. Most of the storm has passed, but we will still have volatility this week. Be smart. Peace. #BTCFOMCWatch #altcoins #bitcoin #TopCoinsJune2024
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Dear fellow investors, If you don't want to lose money in the cryptocurrency sector, take a screenshot of this post or quote it and share it with everyone ...IT WILL BE NEEDED ONE DAY! Now I give you all a task! 🚨 What months will the Fed Interest Rate Decision Meetings take place in 2024? Research this question now, find the dates, and set an alarm on your phone or computer 1 week before the meeting dates! 🚨 The next FED interest rate decisions will take place on July 30-31! For example, I set the alarm for July 24th and when that day comes, after doing a preliminary research of the global market situation, if the outlook is positive, I will continue without disturbing any of my assets. But if the outlook is negative, I will convert all my assets to #USDT on July 24th. Have you ever seen such sharing from any analyst, economist, or chartist? I HAVE NEVER SEEN IT. 🚨 Because they are thinking about their own lower baskets, they want to make you buy and fill their coffers. 🚨 The process we are in is an event that happens every 4 years, except in other extraordinary circumstances (such as war or assassination). 🚨 I don't know what will happen on September 17-18; we will live and see. 🚨 Here is the most important part: when do you think the date we call MEGA BULL will take place? Friends, NOVEMBER 5 will be the US GENERAL ELECTIONS! Most likely crypto supporter TRUMP will win the elections and on NOVEMBER 6-7, the FED INTEREST DECISION will be announced! After these dates, I think #Bitcoin will rise to $125K levels. #Binance #TopCoinsJune2024
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