Markets
TAMPAN: Tesla, Amazon, Meta, Palantir, Apple, Nvidia
Tesla
Competition with xPeng?
Compensation Plan
Live streaming Shareholder meeting.
“1 Trillion pay package!!”
Proxy here
Rules:
- 12 Tranches. 12 Market Cap + 12 Operational
- Term: 10 years!
- Award: 1% of shares in form of RSU.
- Vest on (a) the Market Capitalization Milestone for such tranche and (b) a previously unmet Operational Milestone.
12 Market Capitalization Milestones:
- 1: $2 trillion
- 2-10: $500 billion (to $6.5 trillion)
- 11-12: $1 trillion (to $7.5 and $8.5 trillion
12 Operational Milestones
Product Goals
- 20 Million Tesla Vehicles Delivered
- 10 Million Active FSD Subscriptions
- 1 Million Bots Delivered
- 1 Million Robotaxis in Commercial Operation
Adjusted EBITDA Milestones. 1-8 $50 to $400b.
ETF ownership and voting rights
Ford
Ford executives might scrap the electric version of its F-150 pickup
Ford has $13 billion in EV losses
% of Global EV Sales
- 25.7m BEV sales since 2019
- 7.3m is Tesla
Lucid ranks #3 most cash burning EV maker globally with total reported cash burn of $14.4B behind Rivian $23.2 billion and Ford's EV segment $15.5 billion.
Palantir
Earnings Page
Play Alex’s opening remarks!
“114% Rule of 40 score! What Is the Rule of 40?Core Formula: Rev Growth + operating Margin
Alex Letter to Shareholders
Some of our detractors have been left in a kind of deranged and self-destructive befuddlement.🤣
Orson Welles, “The enemy of art is the absence of limitations.”
Netflix
- KPop Demon Hunters
- 325 million views
- $10b kpop industry
- Black Pink Tour. Highest grossing tour by female group
- Warner Brothers
- Licensing Video podcasts from Sirius
New York City Mayor is Responsible For
- Public Safety: Fire and 30,000 police officers.
- Education
- Public Services and Infrastructure
- Housing and Economic Development
- Health and Social Services
- Cultural and Community Services
- City Planning and Regulation
- Appointments and Budget
The New York City budget $115.9 billion
- Real Property Taxes: ~$34.97 billion
- Personal Income Taxes $17.28 billion
- Business Income Taxes: ~$11.95 billion
- Sales Taxes: ~$9.5 billion
- State Categorical Grants: ~$7 billion
- Federal Categorical Grants: ~$6.5 billion
Top 1-5% contribute ~$1.7-$3.5 billion in FY 2025, equating to ~1.5-3% of the total budget.
Closing
1929 book on Audio.
The Diplomat
Elon on Joe Rogan
"The enemy of art is the absence of limitations"
