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    1. SoftBank Governance Reforms Stop Short of Vision Fund

      SoftBank Governance Reforms Stop Short of Vision Fund

      (Reuters) - SoftBank Group Corp has no plans to increase board oversight of its $100 billion Vision Fund, two sources said, disregarding calls from activist investor Elliott Management and signalling governance reforms have stopped short of the fund. In recent months Chief Executive Masayoshi Son has met other Elliott demands, from launching a 2.5 trillion yen ($23 billion) buyback - vital ...

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    2. Advisory Firm Urges Tesla Shareholders to Oust Musk From Board

      Advisory Firm Urges Tesla Shareholders to Oust Musk From Board

      Tesla ‘s stock may have hit an all-time high , trading at $1,113 as of Wednesday morning, while the company’s market cap is up to over $200 billion, making it the most valuable car company in the world. However, one firm that advises shareholders is calling for the firm to remove CEO Elon Musk from the company’s board, due to the potential exposure to lawsuits...

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    3. Tesla No Longer Even A Growth Company; Going Bankrupt: Shortseller

      Tesla No Longer Even A Growth Company; Going Bankrupt: Shortseller

      Stanphyl Capital letter to investors for the month ended June 30, 2020, discussing their short thesis for Tesla Inc (NASDAQ: TSLA ) and other positions in several small-cap stocks. For June 2020 the fund was down 3.9% net of all fees and expenses. By way of comparison, the S&P 500 was up 2.0% while the Russell 2000 was up 3.5%. Year-to-date 2020 the fund is down 7.0% while the S&P 500 is down 3.1% and the Russell 2000 is down 13.0%...

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