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Why Elon Musk Doesn’t Get a Salary at Tesla
Invest in iconic artworks with Masterworks using my custom link: https://masterworks.art/newsthink. See important Masterworks disclosures: https://mw-art.co/37WwvbD
CORRECTION: @1:05 should say 8.4 million NOT $8.4 million in reference to the number of shares. Sorry!
Newsthink provides insight into the people and events that shape our world.
Created and hosted by Cindy Pom
https://twitter.com/cindypom
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Thank you to our Patrons: Ronil Patel, Chesky Neceski, Austin Grant, Tom Eng, Tim Desir, Ryan Bresser, Neo Ge, Steven Bartlett, Will Lathrop
Support us on Patreon ► https://www.patreon.com/Newsthink
Sources:
0:04 Original Tesla photo: Courtesy of Tesla, Inc.
0:17 Original Mark Zuckerberg photo: Anthony Quintano from Honolulu, HI, United States, CC BY 2.0 https://creativecommons.org/licenses/by/2.0via Wikimedia Commons
3:42 Alex Proimos from Sydney, Australia, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 via Wikimedia Commons
3:48 Ron Wyden photo: Senate Democrats, CC BY 2.0 https://creativecommons.org/licenses/by/2.0 via Wikimedia Commons
4:22 CNBC article https://www.cnbc.com/2021/11/07/elon-musk-faces-a-15-billion-tax-bill-which-is-likely-the-real-reason-hes-selling-stock.html
ABOUT MASTERWORKS
https://mw-art.co/newsthink
Masterworks is the only investment platform dedicated to art investing.
Invest in blue-chip art for the very first time.
Purchase shares in great masterpieces from artists like Pablo Picasso, Banksy, Andy Warhol, and more.
Billionaires like Warren Buffet and Jeff Bezos are investing more in art than ever before to diversify their portfolios in the face of increased market volatility. For the first time ever, investors like you have access to this stable and appreciating asset class.
These numbers explain why:
Contemporary art prices have appreciated 14% annually (1995-2020).
Wealthy collectors allocate 10–30% of their portfolios to art.
Lowest correlation to public equities of any major asset class, according to Citi.
How Masterworks works:
Create your account with crypto wallet or traditional bank account.
Pick major works of art to invest in or our new blue-chip art fund.
Identify investment amount, there is no minimum investment.
Hold shares in works by Picasso or trade them in our secondary marketplace.
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