Ron Baron on Elon Musk’s Trillion-Dollar Pay Plan 11/14/25
Squawk Pod14 Nov

Ron Baron on Elon Musk’s Trillion-Dollar Pay Plan 11/14/25

After Tesla shareholders approved a new pay package for CEO Elon Musk that approaches the trillion-dollar mark, investor Ron Baron weighs in on what it means for the company’s future. The billionaire discusses his outlook on Tesla, the markets, and Musk ahead of the 32nd annual Baron Investment Conference. And Walmart CEO Doug McMillon is stepping down next year after leading the retailer’s push into e-commerce. Plus, Hollywood is bracing for bids for Warner Brothers Discovery, the Trump administration is preparing tariff exemptions aimed at lowering food prices, and Under Armour and Steph Curry are parting ways.

Ron Baron - 12:17

In this episode:

Ron Baron, @BaronCapital

Becky Quick, @BeckyQuick

Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin

Zach Vallese, @zachvallese


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Episoder(1799)

Controversy in Georgia; Staving Off a Fourth Wave

Controversy in Georgia; Staving Off a Fourth Wave

Leaders across corporate America, from Coca-Cola and Delta to the MLB, have spoken out against Georgia’s controversial voting law. Sen. Tom Cotton (R-AR) defends the legislation, and suggests that non-lawmakers should stick to their own businesses. Former FDA Commissioner Dr. Scott Gottlieb discusses the increased rates of vaccinations, cases of Covid-19, and offers the vaccinated population a word of advice: remain careful. Plus, Treasury Secretary Janet Yellen is pushing for a global minimum corporate tax, and GameStop’s saga continues, now with more cash. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

5 Apr 202141min

Becky & Squawk’s Biggest Teenage Fan

Becky & Squawk’s Biggest Teenage Fan

Nick, a 15-year-old CNBC fan, started his Twitter account @Live_News_Nick at the beginning of the pandemic in hopes of kickstarting a reporting career. Becky Quick sits down with Nick--via Zoom--to swap stories about covering financial news and pursuing a career in TV. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

2 Apr 202115min

Opening Day with Red Sox Chairman; An Infrastructure Plan & “Smart Capitalism” with NYT’s Tom Friedman

Opening Day with Red Sox Chairman; An Infrastructure Plan & “Smart Capitalism” with NYT’s Tom Friedman

President Biden has unveiled his $2 trillion, 15 year infrastructure plan signaling stricter corporate tax policies and a crackdown on offshoring. New York Times columnist Tom Friedman digests the proposal and his hopes for “smart capitalism” in a discussion of his latest column. Tom Werner, Chairman of the Boston Red Sox and of the Fenway Sports Group, discusses the MLB’s Opening Day and Fenway Park’s plans to reopen to fans at a 12 percent capacity. Plus, Pfizer’s Covid vaccine is proving effective and safe as it continues to roll out around the world, and Johnson & Johnson has quarantined some of its own supply. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

1 Apr 202137min

“There is no middle ground”: Protecting Voting Rights with Ken Frazier & Ken Chenault

“There is no middle ground”: Protecting Voting Rights with Ken Frazier & Ken Chenault

A group of Black business executives are urging the rest of corporate America to oppose legislation aimed at restricting voting access, following a new law in Georgia that critics say disproportionately hurts voters of color. Merck CEO Ken Frazier and former Chairman and CEO of American Express Ken Chenault led a group of executives in publishing an open letter in The New York Times pushing Wall Street to wield its power. Frazier and Chenault discuss the effort to rally opposition to legislation in Georgia and 43 other states, and they discuss corporate America’s role in speaking out against voter suppression. Frazier and Chenault consider vocal opposition in the C-suite an obligation to morality and to democracy, and they underline the significance of this moment in U.S. history.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

31 Mar 202128min

Beeple’s Mystery NFT Buyer; Documentarian Ken Burns; Bill Hwang’s Bets, Debts, & Dominoes

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Mystery art collector MetaKovan spent $69 million on Beeple’s NFT in mid-March. The man behind MetaKovan and NFT collection Metapurse, Vignesh Sundaresan, joins Joe, Andrew, Becky, and CNBC’s Robert Frank to explain his bet on blockchain-based digital art. Wall Street is still unearthing parts of the Archegos Capital forced liquidation fiasco, which prompted stock sell-offs and major losses for big banks. The latest chapter: questions about a charity run by former hedge funder Bill Hwang, the man behind the swaps and leveraged holdings that triggered the drama. Plus, documentary filmmaker Ken Burns is releasing a new series, “Hemingway.” He offers a peek into his newest work and shares his perspective on this particular moment in history, as colored by decades of documenting all things Americana.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

30 Mar 202135min

Margin Call Shock; Amazon Union Vote; Suez Canal Refloat

Margin Call Shock; Amazon Union Vote; Suez Canal Refloat

Family office Archegos Capital was forced to liquidate tens of billions of dollars in stock holdings, sending U.S. media stocks and Chinese tech stocks into selloff mode, and leaving big financial players on the hook for billions. Archegos founder and former hedge funder Bill Hwang is at the center of the Wall Street whirlwind; Joe, Becky, and Andrew track the series of falling financial dominoes that led to the ViacomCBS, Discovery, Tencent Music, and Baidu losses, from swap strategies and over-leveraged books to block trades at Goldman Sachs and Morgan Stanley. Former Principal Deputy Director of National Intelligence Sue Gordon considers the implications of the liquidation trade for the rest of the global financial system. Amazon workers in Alabama are voting on a union contract, and Insider Inc. CEO Henry Blodget discusses how the results could impact the company and other workers across the country. Plus, the cargo ship in the Suez Canal has finally been freed. Now, the world is set to assess the damage.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

29 Mar 202134min

WeWork’s Debut; Disinformation Nation; Chaos in the Canal

WeWork’s Debut; Disinformation Nation; Chaos in the Canal

Coworking company WeWork has announced it will finally go public via SPAC merger with BowX Acquisition Corp. WeWork CEO Sandeep Mathrani and Bow Capital’s Vivek Ranadive discuss the deal and their bet on an office space resurgence post-pandemic. Twitter, Alphabet, and Facebook CEOs answered lawmakers’ questions about disinformation dissemination and social media accountability in a marathon virtual House hearing on Thursday. Axios media reporter Sara Fischer and tech and press industry veteran Niki Christoff digest the comments from Jack Dorsey, and Sundar Pichai, and Mark Zuckerberg, and consider what legislation may come next. Plus, Warren Buffett’s made a pitch to Texas, the Suez Canal--and the global shipping industry--is near chaos, and Bernie Sanders is pushing Alabama Amazon workers to unionize.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

26 Mar 202138min

Trust, Transparency, & Vaccines; Tax Plan Tacks; Fintech Leveling Finance

Trust, Transparency, & Vaccines; Tax Plan Tacks; Fintech Leveling Finance

Big banks are appeasing their overworked junior staff with perks, from Zoom-free Fridays to $20,000 bonuses. CNBC.com’s Hugh Son discusses the domino effect the “Goldman Sachs 13” have had, up and down Wall Street. AstraZeneca is struggling to maintain public trust after a series of transparency and communication missteps surrounding its otherwise effective Covid-19 vaccine. President Biden’s tax plan continues to fuel debate across the political aisle; President Trump’s former Chief of Staff Mick Mulvaney and Rep. Tom Suozzi (D-NY) consider whether political ties and promises will win over dollars and cents. Plus, fintech startup Greenwood is getting buy-in from major banks to close the racial wealth gap. CEO Ryan Glover shares his company’s newest funding raise and his plans for a more equitable financial system.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

25 Mar 202133min

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