Musk wants 25% voting control of Tesla despite only owning 12% of company: ‘Unless that is the case, I would prefer to build products outside of Tesla' [Fortune]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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Source: Fortune
Musk, Tesla's single largest shareholder with more than 12% of the company, was responding to a social media post questioning why he would need another large compensation package to stay motivated. He said the reason no new plan has been put in place is because the company is still awaiting a verdict in a shareholder suit against an earlier $55 billion package — an unprecedented amount at the time. Musk argued in a post on X that the car company is a collection of a dozen startups. He called for a comparison between Tesla and General Motors Corp., traditionally one of the auto industry's global leaders. Tesla, for example, is developing the Optimus robot, and last month posted a video showing improvements it's made to the humanoid prototype. The automaker is also investing more than $1 billion into its Dojo supercomputer project, which will train the machine-learning models behind the EV maker's self-driving systems and which analysts have estimated could add $500 billion to Tesl
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HTZ
News
- Hertz says it lost another $195M from EV bet [FOX Business Network]FOX Business Network
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global Holdings, Inc. - HTZAccesswire
- Hertz Global Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- More used Teslas are about to flood the market. [Verge, The]Verge, The
- Why Hertz Stock Plunged Today [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 4/25/24 - Miss
HTZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- HTZ's page on the SEC website