1. Articles from mattdebord

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    1. Former FCA and Ferrari CEO Sergio Marchionne, a Legend of the Modern Auto Industry, Has Died at 66

      Former FCA and Ferrari CEO Sergio Marchionne, a Legend of the Modern Auto Industry, Has Died at 66
      • Former FCA and Ferrari CEO Sergio Marchionne has died at age 66.
      • He had reportedly been in a coma in intensive care at a hospital in Zurich after complications from surgery.
      • The boards of FCA and Ferrari named his replacements following emergency meetings over the weekend.
      • Marchionne was an auto industry legend, leading a turnaround at Fiat and taking Chrysler from bankruptcy to renewed prosperity...
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    2. Tesla Shareholders Have Approved Elon Musk's Massive New Pay Package (TSLA)

      Tesla Shareholders Have Approved Elon Musk's Massive New Pay Package (TSLA)
      • Tesla's shareholders have approved CEO Elon Musk's 10-year compensation package.
      • If Musk meets his targets, Tesla's market cap would rise to $650 billion.
      • The company is worth around $55 billion now and is struggling to meet production goals for the Model 3 mass-market vehicle.

      Tesla shareholders have approved CEO Elon Musk's massive new 10-year compensation package.

      A Tesla spokesperson confirmed the result after a shareholder vote on Wednesday...

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    3. Ferrari's IPO Will Value the Automaker at Nearly $10 Billion

      Ferrari's IPO Will Value the Automaker at Nearly $10 Billion

      Fiat Chrysler Automobiles is offering more than 17 million shares of Ferrari stock, as it gears up for its IPO.  Ferrari will park on the New York Stock Exchange under the ticker symbol, RACE.  The value of the newly-public Italian maker of exotic, sexy sports cars is expected to reach $9.8 billion.  Earlier estimates suggested Ferrari's value could climb as high as $12.4 billion...

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      Mentions: CEO Shareholders
    1-4 of 4
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