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Herbert Ong· 2025-07-31 17:02
Texas Law Updates - Texas Senate Bill (SB) 1057 aims to curb shareholder activism by introducing stricter requirements for submitting proposals at shareholder meetings for companies opting into higher thresholds [1] - SB 1057 introduces three new requirements for shareholder proposals, including ownership threshold, holding period, and solicitation requirement [1] - SB 2411 expands officer exculpation and streamlines approval of mergers and major transactions [3] Shareholder Proposal Requirements (SB 1057) - The ownership threshold requires shareholders to hold the lesser of $1 million in market value or 3% of the corporation's voting shares [2] - Shareholders must continuously own the shares for six months prior to and including the date of the shareholder meeting [2] - Shareholders must solicit holders of shares representing at least 67% of the voting shares entitled to vote on the proposal [2] Tesla Implications - Tesla has not publicly stated whether it will opt into the higher thresholds defined by SB 1057 [1] - The current shareholder proposal for a possible xAI investment in the November 6, 2025 proxy is governed by existing bylaws and SEC Rule 14a-8, not the new Texas thresholds [4] - Reincorporating in Texas allows Tesla to leverage a more business-friendly legal environment and reduce regulatory and shareholder burdens [3]
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Herbert Ong· 2025-07-31 16:59
RT JC Christopher (@JohnChr08117285)To everyone interested in Tesla (bulls and bears), starting right now, your head is guaranteed to spin. We are super excited about the new Bay Area rideshare service. But this is all about to speed up. Over the coming days and weeks you will see new cities/geographies added, employees moved from the driver's seat to the passenger seat in locations where Tesla is still working on certain permits, vehicles added to the fleet in other locations, and safety supervisors remove ...
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Herbert Ong· 2025-07-31 15:03
RT InvestAnswers (@invest_answers)🚨 BREAKING 🚨Tesla Robotaxi just expanded to 3 more cities:📍 San Francisco📍 Oakland📍 San JoseThat’s 8 million people now in range.Waymo? Still stuck in a sandbox.Uber? Meet your replacement.RIP legacy ride-hailing. Tesla just changed the game. https://t.co/Al0yW2wP4x ...
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Herbert Ong· 2025-07-31 13:59
🚨 Wolfe Research: Tesla’s investment story is shifting toward AI and autonomy, even as near-term auto outlook remains mixed. $TSLA“This name trades more around the narrative than the numbers,” analysts wrote, adding: “Confidence in Tesla’s AI opportunities remains the most important driver of the stock.”Wolfe highlighted upcoming catalysts around FSD and robotaxis, including expansion into new markets, potential FSD approval in China and Europe, and hands-free functionality in parts of the U.S.The firm also ...
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Herbert Ong· 2025-07-31 07:07
Ride-Hailing Service - Tesla is sending out invites for its Bay Area ride-hailing service [1] - Tesla AI confirms the ride-hailing service invites are being sent out [1]
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Herbert Ong· 2025-07-31 03:15
BREAKING: Tesla launches Robotaxi in San Francisco Bay Area! https://t.co/rEtZRDiWmB ...
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Herbert Ong· 2025-07-30 18:01
Elon’s Latest Moves Change Everything https://t.co/krROB46fAz ...
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Herbert Ong· 2025-07-30 17:56
RT Stephan Weigandt (@StephanWeigandt)Last weekend’s X takeover was an absolute blast.So good to meet so many legends IRL I usually only see on YouTube.Here’s @herbertong hard at work… taking pics for @TeslaBoomerMama.Gotta love that friendly rivalry 😂📸And the woman next to @TeslaBoomerMama? Absolute icon.She got the Tesla logo on her tooth back in 2012!! 🤯Didn’t catch her handle—someone tag her if you know! ...
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Herbert Ong· 2025-07-29 21:59
https://t.co/dQFXAyKRcn ...
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Herbert Ong· 2025-07-29 21:25
RT JanT (@redwufn)I’m going to @herbertong’s upcoming Space. Will you join too? https://t.co/agxGgx1yuH ...