Democratic socialists are ‘starting to take hold' in America, Mark Levin warns
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Yahoo
28 minutes ago
- Yahoo
Elon Musk Warns of Losing Tesla Control, Denies Personal Loans Tied To Shares
Elon Musk, the CEO of Tesla Inc. (NASDAQ:TSLA), has expressed concerns over potentially losing control of the electric vehicle giant due to the influence of activist shareholders. What Happened: Musk, who currently owns a 12.8% stake in Tesla, is apprehensive about being dethroned by shareholders who may not align with his vision for the company's future. He suggests that a 25% ownership stake would offer him adequate influence, while still leaving room for his possible removal. Musk's fears are rooted in past instances where shareholders voted in favor of a compensation package tied to the company's growth targets, only to be overruled by Delaware Chancery Court Judge Kathaleen McCormick. Earlier in January in a post on X, he shared that about 25 percent ownership stake would be enough "to be influential, but not so much that I can't be overturned.'Musk has the opportunity to acquire an additional 304 million shares, which would boost his voting control by roughly 4% post-tax. Also Read: Elon Musk Returns To Intense Work Schedule: 'Back To Working 7 Days a Week and Sleeping in the Office' In a recent statement on Friday on X, Musk affirmed that he has no personal loans against Tesla stock and reiterated his anxieties about being ousted by 'activist shareholders'. He expressed optimism that these concerns would be addressed at the forthcoming shareholders' are rumors that Musk may resign if his ownership stake is curtailed, akin to the limitations imposed on his pay package. Nonetheless, a majority of shareholders who endorsed Musk's pay package continue to support his leadership of Tesla's operations. Why It Matters: Musk's concerns highlight the potential power dynamics at play within Tesla's shareholder base. His potential loss of control could significantly impact the company's strategic direction, given his instrumental role in shaping Tesla's innovative trajectory. The upcoming shareholders' meeting will be a critical event, potentially determining the future of Musk's leadership at Tesla. Read Next Elon Musk Commits To Intense Focus on X/xAI and Tesla: 'Back To Spending 24/7 at Work, Sleeping in Conference/Server/Factory Rooms' Image: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? TESLA (TSLA): Free Stock Analysis Report This article Elon Musk Warns of Losing Tesla Control, Denies Personal Loans Tied To Shares originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Forbes
30 minutes ago
- Forbes
Elite College Branding Obscures Costly Systemic Barriers
For decades, American higher education has been framed as an engine of upward mobility. While elite institutions highlight transformative outcomes for select low-income students, systemic challenges persist for economically disadvantaged learners across the nation. Data reveals complex disparities in access, debt burdens, and outcomes that demand policy reevaluation. Selective Admissions: Limited Reach Amid High Visibility Ivy-Plus institutions (the Ivy League, Stanford, MIT, Duke, etc.) have, through the last century, consistently enrolled less than 5% of students from the bottom 20% of the income distribution. These students often benefit from full-need financial aid, with studies confirming strong post-graduation outcomes. However, research complicates the narrative of institutional impact. The landmark Dale and Krueger study found that students admitted to elite schools had similar long-term earnings, regardless of attendance, suggesting that student aptitude, not institutional branding, drives outcomes. Yet employer recruitment patterns heavily favor graduates of these schools, particularly in finance, consulting, and law. For the over 6 million U.S. undergraduates receiving Pell Grants, challenges include: 1. Online Program Risks 2. Graduate Debt Spiral 3. Financial Aid Gaps The National Association for College Admission Counseling (NACAC) emphasizes equity, yet its $950 conference fee (nonmembers) limits access for underfunded high school counselors. Affluent suburban high school counselors and private college counselors make connections there with admissions officers from elite (and well-endowed) institutions. 1. Graduate Loan Reform 2. Affordable College Act Framework 3. OPM Regulation 4. Trade/Grant Expansion While elite institutions demonstrate transformative outcomes for small numbers of disadvantaged students, most low-income students attend colleges with high debt loads and uneven results. Emerging policy debates center on cost transparency, outcomes-based funding, and reallocating resources toward credentials with proven ROI. As debt surpasses $1.7 trillion, solutions balancing access, affordability, and labor market alignment remain urgent.
Fox News
30 minutes ago
- Fox News
If Trump continues to do this, the economy will improve, says former economic advisor
Former Trump economic advisor Steve Moore assesses the president's trade deals, deportations and more on 'Fox Report.'
