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The meme stock was down about 12%, as the company's rescheduled shareholder event wrapped up with no detailed remarks about its strategies. GameStop shares dropped to session lows Monday after the company's highly anticipated annual meeting failed to offer any concrete updates on the video game retailer's future plans. Cohen didn't provide more specifics on the company's future growth strategies. GameStop is still struggling with a transition to online gaming and away from brick-and-mortar video game purchases, with investors banking on Cohen to eventually reinvent the company. The retailer recently raised more than $2 billion in an at-the-market equity sale as the video game company took advantage of the revived meme rally.

Persons: Ryan Cohen, Cohen, Cohen didn't, Roaring Kitty, Keith Gill, Gill Organizations: GameStop, New York Stock Exchange Locations: New York City, U.S

☆ What Warren Buffett said about GameStop mania then, as the frenzy returns in 2024
▼ + stars: | 2024-06-16 | by ( Yun Li | ) www.cnbc.com time to read: +3 min

Meme stock and erstwhile videogame retailer GameStop is back in the limelight as Reddit ringleader Roaring Kitty stirs up another trading frenzy. Warren Buffett commented at length about the speculative behavior during the first GameStop mania in 2021. Then, the "Oracle of Omaha" called the stock market a gambling parlor for retail investors, encouraged by Wall Street's investment banks and brokerages. "It's become a very significant part of the casino group that has joined into the stock market," Buffett said at 2021's Berkshire annual meeting . Options trading in GameStop exploded after Roaring Kitty, whose legal name is Keith Gill, touted his large positions in those risky vehicles.

Persons: Kitty, Warren Buffett, Wall, It's, Buffett, They've, Keith Gill, John Maynard Keynes Organizations: GameStop, Berkshire, Citadel Securities Locations: Omaha

CNN —China will provide a new pair of giant pandas to Australia, Premier Li Qiang said on Sunday, in the latest sign of warming relations between the two countries. He said China will send a new pair of giant pandas to the zoo in Southern Australia after its current pair return to China later this year, according to Chinese state media. Australia's Foreign Minister Penny Wong (left) shakes hands with China's Premier Li Qiang as South Australian Premier Peter Malinauskas looks on at Adelaide Zoo on June 16, 2024. Giant pandas Wang Wang and Fu Ni, the only pandas in the southern hemisphere, have been on loan to Adelaide Zoo since November 2009. “They have become envoys of friendship between China and Australia, and a symbol of the profound friendship between the two peoples,” Li said in the statement.

Persons: Premier Li Qiang, Li, Scott Morrison’s, Penny Wong, Peter Malinauskas, Asanka, Wang Wang, Fu Ni, China’s, ” Li Organizations: CNN, Premier, Adelaide Zoo, ABC, Labor, Australia's, South Australian, Beijing –, Xinhua, China’s Foreign Ministry, “ Locations: China, Australia, Southern Australia, Beijing

☆ China wants a fleet of aircraft carriers for pride and power, and it's building it at a breakneck pace
▼ + stars: | 2024-06-15 | by ( Chris Panella | ) www.businessinsider.com time to read: +9 min

Read previewChina is building a fleet of aircraft carriers, making technological and capability jumps at a breakneck pace. An aerial drone photo taken on May 1, 2024 shows China's third aircraft carrier, the Fujian, during its maiden sea trials. The aircraft carrier USS Gerald R. Ford transits the Strait of Gibraltar, Jan. 5, 2024. For China, having aircraft carriers allows it to enjoy many of those perks. A composite image shows the American flag flying near the bridge of the US Navy's first-in-class aircraft carrier USS Gerald R. Ford and the Chinese flag flying near China's aircraft carrier Shandong.

Persons: —, Pu, would've, Matthew Funaiole, Xi Jinping, Kyle Amonson, Dane Egli, Xi, Funaiole, Gerald R, Navy Petty, Jacob Mattingly, Trenton, Li Gang, Cmdr, Michael Dahm, Peter W, Singer, Guy Snodgrass Organizations: Service, Business, Ford, Getty, China Power, Center for Strategic, International Studies, Jiangnan Shipyard, Getty Images, People's Liberation Army, Communist Party, US Coast Guard, Pacific Affairs, Chinese Communist Party, US Navy, Navy, DoD Aircraft, South China Seas, Pacific, Communication, Trenton Edly, US, New America, Defense, PLA Navy's Locations: China, Fujian, Shandong, Liaoning, Xinhua, Getty Images China, Taiwan, People's Republic of China, Gibraltar, Jan, South, Beijing

☆ UBS global strategist Garthwaite says European stocks are set to outperform U.S.
▼ + stars: | 2024-06-14 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

It may be time for U.S. stocks to underperform their European counterparts, according to UBS global equity strategist Andrew Garthwaite. First, UBS thinks the global economy has reached a point that would make American companies more vulnerable. "The US outperformed as US GDP growth was revised up sharply relative to non-US GDP growth (especially European GDP). .SPX .STOXX YTD mountain SPX vs STOXX 600 UBS also listed the U.S. fiscal policy as a risk factor. "This hence carries with it one of the following: i) a US bond spread risk; or ii) a relative growth risk."

Persons: Andrew Garthwaite, Garthwaite Organizations: UBS, U.S Locations: U.S, underperform

☆ China says 2 military employees sold 60 pounds of secret documents to a recycling plant, allowing a shopper to bag 4 volumes for under $1
▼ + stars: | 2024-06-14 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Read previewChina's State Security Ministry said on Thursday that a retiree had somehow secured four volumes of confidential military documents at a recycling store for just 85 cents. According to the post, Zhang is a former employee of a state-owned enterprise and collects military newspapers and magazines as a hobby. Related storiesThe State Security Ministry said agents rushed to Zhang's home and seized the documents. AdvertisementUpon investigating the scrap store, the state security ministry discovered that Zhang's purchase had been part of eight volumes of 200 secret documents marked for disposal, the post reads. China's State Security Ministry has, in recent months, regularly urged the public to assist in reporting foreign espionage.

Persons: —, Grandpa Zhang, Zhang, Guo, Li, William Burns rankled, We've, Burns Organizations: Service, Security Ministry, Business, State Security Ministry, China's State Security Ministry, CIA, Street Journal . Locations: Beijing, China, William Burns rankled Beijing, Colorado, Street Journal . China

☆ Chinese EV stocks surge after EU slaps up to 38% additional import tariffs
▼ + stars: | 2024-06-13 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +5 min

Citi analysts said the EU's additional tariffs were "generally benign," while one analyst from Morningstar pointed out that the additional duties were "modest" in comparison to U.S. hikes on Chinese EVs last month. Stock Chart Icon Stock chart icon BYD vs GeelyOn Wednesday, the EU said it would impose extra tariffs on Chinese EV players with a large footprint in Europe. BYD will be subject to additional tariffs of 17.4%, Geely will get an extra 20% duty. Citi analystsThe EU said in a statement it has provisionally concluded that Chinese EV makers benefits from "unfair subsidization," which resulted in "threat of economic injury" to EU's EV industry. watch nowThe additional duties come after the EU launched a probe in October.

Persons: Geely, Li, Morningstar, Joe Biden, Vincent Sun, Europe Joseph Webster, Webster, BYD, Tesla, Paul Triolo Organizations: Automotive Exhibition, Getty, Nurphoto, European Union, Li Auto, SAIC, Citi, EU, EV, Morningstar, Wednesday, Ministry of Commerce, Atlantic Council's Global Energy Center, Volvo, Nomura, Albright, Group Locations: Beijing, China, Geely, EU, Europe, U.S, Hungary, Swedish, Belgium

Traders work at the post where GameStop is traded on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., June 12, 2024. GameStop's annual shareholder meeting was disrupted by computer problems Thursday, as servers crashed under overwhelming interest in the stream, a customer service representative for the company hosting the stream told CNBC. According to a YouTube stream from an unaffiliated user purporting to reproduce the feed, the annual meeting was brought to order at 11:48 a.m. The rep said Computer Share's servers appeared to be unable to handle the amount of traffic the meeting had received and weren't accustomed to the volume of accounts. They added that Computer Share's tech team was working to solve the issue and advised interested parties to attempt to log in "every 5 to 10 minutes."

Persons: weren't, Keith Gill —, —, Gill Organizations: GameStop, New York Stock Exchange, CNBC, Share Locations: New York City, U.S

☆ Steve Eisman says this is one of the more interesting things on the AI boom he's heard in a long time
▼ + stars: | 2024-06-13 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Steve Eisman of "The Big Short" fame said a new thesis derived from the artificial intelligence boom has caught his attention. "You can make an argument that the revaluation of hardware is going to continue and that some parts of software will derail." But it's one of the more interesting things that I've heard in a long time," Eisman said. 'Hidden AI play' The widely followed investor has been closely tracking AI developments in the market. Apple announced it would weave generative AI technology across its native apps and latest devices, with features ranging from writing-assistance technology to generative AI-generated emojis.

Persons: Steve Eisman, Neuberger Berman, Eisman, I've, shorting, Michael Lewis's, Apple, Tim Cook Organizations: Apple, Microsoft, Oracle

☆ Roaring Kitty's GameStop stake grows to 9 million shares after selling his big options position
▼ + stars: | 2024-06-13 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Meme stock champion Keith Gill, known as "Roaring Kitty" online, seemed to increase his ownership in GameStop 's common stock and appears to be holding more than 9 million shares. Gill posted a new screenshot of his E-Trade portfolio on Reddit's Superstonk forum after the bell Thursday, showing that he is now holding 9.001 million GameStop shares and over $6 million in cash. On June 2, the first day he started disclosing his position in 2024's meme stock frenzy, his portfolio had 5 million shares as well as 120,000 call options against GameStop. Call options give the holder the right, but not the obligation, to buy shares at a specified price by a certain expiration date. He could have dumped all of 120,000 call contracts and used the proceeds to buy the additional shares, or he could have sold a portion of the massive options position and exercised the rest early.

Persons: Keith Gill, Gill Organizations: GameStop

☆ Goldman Sachs downplays the Nvidia stock split hype, sees little impact
▼ + stars: | 2024-06-10 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

For investors hoping Nvidia 's stock split could translate into a sustainable rally, Goldman Sachs cautioned that the benefits from such an event are usually minimal. Last month, Nvidia announced a 10-for-1 forward stock split in its fiscal first-quarter earnings report. A stock split doesn't change a company's underlying fundamentals or the intrinsic value of its shares. Goldman said companies saw only a 0.2 percentage point increase in retail share of trading activity following stock splits on average. Notably, Nvidia's 2021 stock split led to a 7 percentage point increase in the average share of retail trading.

Persons: Goldman Sachs, Goldman, David Kostin Organizations: Nvidia, Russell, Amazon

☆ Andy Sieg is quickly shaking up Citi's wealth business. At least 21 senior execs have left since his arrival.
▼ + stars: | 2024-06-10 | by ( Hayley Cuccinello | ) www.businessinsider.com time to read: +6 min

But the leadership of its ailing wealth unit is continuing to undergo major changes under its new boss Andy Sieg. Citi's wealth unit has seen at least 21 senior executives exit since Merrill Lynch veteran Sieg joined in September. The latest is Julia Carreon, global head of wealth platform and experiences. Sieg also plans to expand Citi's already successful wealth business in Asia. Here is our running list of senior departures from Citi Wealth.

Persons: —, Andy Sieg, Merrill Lynch, Sieg, Julia Carreon, Naz Vahid, Carreon, David Bailin, Fraser, Andy, Mark Mason, Shyam Sambamurthy, Merrill, Don Plaus, Hale Behzadi, Dawn Nordberg, Morgan Stanley, Citi David, Francesco Bertoni, Alfonso Camacho Bustillo, Hoyt, Paul Hodes, Robert Hoffman, Keith Lee Hong, Li, Liu, Fernando Lopez Munoz, Alex Marshall, Eduardo Martinez Campos, Luigi Pigorini, Fernando Senso, Jeff Sutton, Naz, Vahid, Eduardo, Seamus Yin, Hayley Cuccinello Organizations: Service, Citi, Citi Wealth, Business, Bankers, Citi Global Wealth, North America, Francesco Bertoni EMEA, Hoyt Gier Global, South, Asia, Fernando Lopez Munoz Head, Tate, Eduardo Martinez Campos Head, Mark Mills Regional, Fernando Senso Castilla Global, Jeff Sutton Global, Eduardo Ventura, West Locations: Asia, Hong Kong, Singapore, Paul Hodes Asia, South Asia, Keith Lee Hong Kong, Asia Pacific, Shyam Sambamurthy South Asia, Fernando Senso Castilla, America, West China, hcuccinello@businessinsider.com

☆ Stocks making the biggest moves midday: Southwest Airlines, GameStop, Advanced Micro Devices and more
▼ + stars: | 2024-06-10 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

Check out the companies making headlines in midday trading: Southwest Airlines — The stock rose 9% after activist hedge fund Elliott Management amassed a $1.9 billion stake in Southwest Airlines. GameStop — The meme stock slipped nearly 15% in volatile trading after a roller-coaster week. Advanced Micro Devices — The chipmaker fell 3% after Morgan Stanley downgraded shares to equal weight from overweight, saying investors' expectations look elevated. ReNew Energy Global — Shares popped more than 7% after Morgan Stanley upped its price target, saying the narrative for the U.K.-based company remains strong. DraftKings — The sports entertainment stock gained 2% after Morgan Stanley renamed the company as a top pick.

Persons: Bob Jordan, Gary Kelly, Keith Gill, Huntington Bancshares, Huntington, Morgan Stanley, GoDaddy —, Dow, Robert Half, Jefferies, DraftKings, Yun Li, Alex Harring, Michelle Fox, Sarah Min, Pia Singh, Sean Conlon Organizations: Southwest Airlines, Management, Southwest, GameStop, KKR, CrowdStrike, GoDaddy — KKR, Dow Jones, Comerica, Apple, Energy, Jefferies Locations: 2H24, Illumina, Illinois

☆ GameStop shares slide 16% following Friday's 40% sell-off
▼ + stars: | 2024-06-10 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Meanwhile, meme stock champion Keith Gill hosted his first livestream in a few years Friday. He revealed that he didn't have any institutional backers and the GameStop positions he had shared in screenshots were his only bets. The video game company's stock declined to just below $24 apiece on Monday after falling nearly 40% on Friday alone. GameStop shares fell more than 16% on Monday as the meme stock extended Friday's sell-off sparked by a dismal earnings report and a uninspiring livestream from Roaring Kitty. The analyst thinks that any boost GameStop got from Gill could turn out to be short-lived.

Persons: Keith Gill, Gill, Roaring Kitty, Michael Pachter, Pachter, NFTs, Roaring Organizations: New York Stock Exchange, GameStop, Amazon Locations: New York, Roaring

☆ Pro Talks: Jim Lebenthal on the fundamental analysis tools that will make you a better investor
▼ + stars: | 2024-06-07 | by ( Jeff Morganteen | Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on the fundamental analysis tools that will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.

Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia

GameStop , the video game retailer currently riding another wave of trading enthusiasm spurred on by the meme trader "Roaring Kitty," showed no signs of an operational turnaround in its dismal fiscal first-quarter results. The company on Friday posted net sales of $881.8 million for the period, down 29% from $1.237 billion a year prior. The sales decline was steeper than the two Wall Street analysts who cover the stock expected. GameStop lost $32.3 million during the quarter, a narrower loss than the $50.5 million suffered in the year-earlier period. The company also gave an update on its ongoing stock sales, saying it would sell an additional 75 million shares on top of the 45 million share sale it had announced in May that raised more than $900 million.

Persons: Keith Gill, Roaring Kitty, — Organizations: GameStop

☆ BYD vs Huawei: Trash talking by China’s EV giants highlights pressures at heart of world’s biggest car market
▼ + stars: | 2024-06-07 | by ( Laura He | ) edition.cnn.com time to read: +4 min

Hong Kong CNN —As profit margins get squeezed, temperatures are rising in the world’s biggest car market. A tense exchange between two major Chinese electric vehicle (EV) manufacturers in recent days highlights the pressures they face as a price war in the industry intensifies. While top executives from the EV industry often post on social media about a range of topics, including technology and advertising, they rarely name rival companies, especially when criticizing them. In recent months, a price war has escalated in China’s hyper-competitive EV industry, with manufacturers battling for consumer attention with deep discounts or newer, cheaper models. The country has more than 200 EV manufacturers who are grappling with huge oversupply and slowing consumer demand.

Persons: Yu Chengdong, ”, Elon Musk, Tesla, ” Yu, Joe Biden, Mr Yu, ” Li Yunfei, Huawei's, Li, Wang Chuanfu, BYD, Wang Organizations: Hong Kong CNN —, BYD, European Union, Huawei Locations: China, Hong Kong, Shenzhen, BYD, Weibo, Shanghai

☆ Pro Talks: Jim Lebenthal on why going back to the fundamentals will make you a better investor
▼ + stars: | 2024-06-07 | by ( Jeff Morganteen | Yun Li | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPro Talks: Jim Lebenthal on why going back to the fundamentals will make you a better investorVeteran "Halftime" guest and investor Jim Lebenthal sat down with CNBC's Dominic Chu to discuss how the former nuclear engineer and U.S. Navy officer created a science-minded approach to fundamental analysis and value investing that has led to a decades-long career on Wall Street. Lebenthal goes into detail on how he uses different fundamental analytical tools, walking Pro subscribers through how he finds price-to-earnings growth ratios of stocks like Amazon and Nvidia. He also gives examples of how to incorporate tools from technical analysis to help augment his decision-making process, and fields stock-specific questions from Pro subscribers.

Persons: Jim Lebenthal, CNBC's Dominic Chu, Lebenthal Organizations: Veteran, U.S . Navy, Nvidia

Keith Gill, better known as "Roaring Kitty" on X and YouTube and as "Deep-------Value" on Reddit, hosted his first livestream since the meme stock craze that took place three years ago. Gill said he believes in the video game retailer's reinvention under CEO Ryan Cohen, reiterating his previous investing thesis and offering little new reasoning behind his large stake. He also revealed that he didn't have any institutional backers and the GameStop positions he had shared in screenshots were his only bets. Shares of GameStop were halted multiple times during his stream. Read a recap of the livestream below:

Persons: Keith Gill, Gill, Ryan Cohen Organizations: YouTube, GameStop

☆ Chinese electric car company Nio to enter Middle East this year amid global expansion by peers
▼ + stars: | 2024-06-07 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +2 min

Chinese electric car company Nio launched its lower-cost brand Onvo on Wednesday, May 15, 2024, in Shanghai, China. CNBC | Evelyn ChengBEIJING — Chinese electric car company Nio plans to expand to the Middle East this year, CEO William Li said on an earnings call Thursday, at a time when rivals have been increasing their global footprint. The nearly 10-year-old company will also start shipping its lowest-cost brand, Firefly, in the first half of next year, Li said. The battery and electric car giant said in November it opened a showroom in Dubai Festival City as part of a collaboration with Al-Futtaim Electric Mobility Company. watch nowAs competition in the Chinese electric car market intensifies, Nio launched a lower-priced brand called Onvo in May.

Persons: Nio, Evelyn Cheng, William Li, Li, BYD, Nomura, Nio's Li Organizations: CNBC, United, United Arab Emirates, United Arab, Dubai Festival City, Al, Futtaim Electric Mobility Company, Tesla, BMW Locations: Shanghai, China, Evelyn Cheng BEIJING, Middle East, U.S, United Arab, Europe, United Arab Emirates, Dubai, 2H24

☆ MIB Securities: We like Xiaomi for its smartphone and EV businesses
▼ + stars: | 2024-06-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMIB Securities: We like Xiaomi for its smartphone and EV businessesSonija Li of MIB Securities Hong Kong explains why she likes Xiaomi.

Persons: Li, MIB Securities Hong Kong Organizations: MIB Securities, MIB Securities Hong

☆ The super-thin battery that could power smart contact lenses
▼ + stars: | 2024-06-06 | by ( Nessa Anwar | ) www.cnbc.com time to read: +5 min

For over a decade, companies around the world have attempted to create smart contact lenses, but they never got down to incorporating electronic components to make a safe battery. LEE SEOK WOO: So, when I decided to work on contact lenses and the power supply to the smart contact lens, I was concerned about the safety because the lithium-ion battery has the issue of the explosion or catching fire. Unlike traditional contact lenses, smart contacts have the potential to do more than just correcting the users' eyesight. So, it might be hard to implant all the devices into one smart contact lens. And of course, the technology needs to be patented first before these smart contact lenses become a reality.

Persons: Let's, Lee Seok Woo, NESSA ANWAR, LEE SEOK WOO, Lee's, . LEE, LEE, Li Zongkang, LI Organizations: Nanyang Technological University's, of Electrical, Electronic Engineering, CNBC Locations: Singapore

☆ GameStop shares jump 30% as 'Roaring Kitty' schedules YouTube livestream for Friday
▼ + stars: | 2024-06-06 | by ( Yun Li | ) www.cnbc.com time to read: 1 min

Shares of GameStop shot to session highs Thursday after meme stock leader "Roaring Kitty" scheduled a livestream on YouTube, which would be his first one in almost four years. Roaring Kitty, whose real name is Keith Gill, set the time for his live chat at noon Friday, which traders speculated would be a bullish discussion about his massive GameStop stake. The investor hosted three-hour livestreams in August 2020 explaining his investing thesis behind his favorite brick-and-mortar video game retailer. GameStop popped 30% higher to trade around $40 apiece. It surged 40% at one point after this livestream update and trading was briefly halted for volatility.

Persons: Kitty, Roaring Kitty, Keith Gill Organizations: GameStop, YouTube

☆ 1,000 workers at one car factory in China were told to either quit or sit around on minimum wage until the market picks up again: Nikkei
▼ + stars: | 2024-06-05 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Li Auto workers are facing layoffs or minimum wage due to weak electric vehicle sales. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAs China grapples with manufacturing overproduction, some workers at one of China's auto plants face a difficult choice about their jobs. Newlywed Lisa told Nikkei on Tuesday that in her brand-new factory for Li Auto, more than 1,000 employees like her were given the choice of either quitting or receiving minimum wage until business improves.

Persons: —, Newlywed Lisa, Lisa Organizations: Li Auto, EV, Service, Nikkei, Business Locations: China

☆ Ron Baron, big Tesla shareholder, supports Elon Musk's $56 billion pay package
▼ + stars: | 2024-06-05 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Billionaire investor Ron Baron, longtime Tesla bull and shareholder, wrote an open letter in support of CEO Elon Musk's controversial $56 billion pay package. The pay package, proposed by Tesla's board of directors, has repeatedly come under fire for its close ties with Musk. If passed, it would be the largest pay package for a CEO in corporate America. "I'm voting for the pay package," Baron said on CNBC's "Squawk Box" Wednesday. In January, Judge Kathaleen McCormick of Delaware's Court of Chancery voided the original pay package.

Persons: Elon, Baron, Ron Baron, Tesla, Judge Kathaleen McCormick, Musk Organizations: Baron Capital, Delaware's, Baron Partners Fund, Elon Locations: Tesla's Fremont, America, Texas, Delaware, Tesla, Baron's, Elon

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