Tesla’s Elon Musk Could Become World’s First Trillionaire After Shareholder Vote

Tesla’s Elon Musk Could Become World’s First Trillionaire After Shareholder Vote


Musk set to become world’s first trillionaire

Speaking to ABC’s The World Today, Tom Essaye, founder of Sevens Report Research, defended the approval, saying investors should “write the check” and let Musk “do his thing.” Essaye argued that Musk’s track record justifies the compensation, as his vision has consistently driven Tesla’s growth and investor returns despite skepticism from critics.

“Shareholders should write the check and let Musk do his thing.
His vision has created immense value — and that’s what they’re paying for.”
Tom Essaye, Sevens Report Research, via ABC’s The World Today

Also, click here to view the full article on Troymedia.com published on November 6th, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


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Important Technical Levels to Watch

What’s in Today’s Report:

  • Important Technical Levels to Watch

Futures are modestly lower mostly on momentum from Thursday’s declines and after hopes for the government to reopen today faded overnight.

There were hopes late Thursday that the government could reopen today and there may be a vote in the Senate, although passage is not expected at this time.

Economically, Chinese exports fell –1.1% vs. (E) 2.9%.

Focus today will be on inflation expectations via the one-year and five-year inflation expectations in the University of Michigan Consumer Sentiment survey and the NY Fed 1-Year Consumer Inflation Expectations (E: 3.4%).  Put simply, the lower these numbers, the better as they will make a December rate cut incrementally more likely.

On the Fed front, there are two speakers today, Jefferson (7:00 a.m. ET) and Miran (3:00 p.m. ET) although they shouldn’t move markets.

 

New Sevens Report Special Report Coming Next Wednesday: How Bad Is the U.S. Debt Situation?

Interest on our next special Report, “How Bad Is the U.S. Debt Situation?” has been high and we are looking forward to its release on Wednesday.

With the SCOTUS IEEPA tariff decision looming, U.S. fiscal problems could be thrust back to the forefront of the markets  and this special report can not only help explain the situation and put it in proper context, but also differentiate you from the competition by showing you’re focused on both the near-term and long-term risks to clients’ wealth.

Like previous Sevens Report Special Reports, this report will both be branded as Sevens Report Research and as a “white labeled” version, allowing you to brand this robust and in-depth report as your own using your firm’s logo and other marketing materials. Both versions are included with a purchase.

 

Tom Essaye Interviewed: Stock Market Is Making the Economy Look Better Than It Is

Essaye warns that market resilience masks underlying economic softness heading into 2026.


The stock market is making the economy ‘look better’ than it is

Sevens Report Research founder, Tom Essaye, joins Opening Bid host Brian Sozzi to discuss the resilience of the stock market and what to keep an eye on heading into 2026.

Also, click here to view the full interview on Yahoo Finance published on November 4th, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

AI Stocks Face Caution as Broader Market Slips, Says Essaye

Tom Essaye notes recent weakness outside AI but calls the selling “knee-jerk,” not the start of a larger downturn.


Review & Preview: Tech Check

“Essentially the rest of the stock market has been going down for over a week now and the only thing that’s been holding the S&P 500 up are the AI names,” Sevens Report Research’s Tom Essaye told me. “And now we have a very direct series of headlines of caution…on the increases in the AI-related stock prices.”

Still, this might simply be “knee-jerk selling,” according to Essaye.

“I don’t think that this is the start of something much bigger,” Essaye says. “The market seems absolutely fine, still embracing a lot of these AI-related headlines, but I do think that we’re going to get these temporary moments of caution because the whole debate ‘Is AI a bubble or not?’ it’s still incredibly unsettled.”

Also, click here to view the full article published in Barron’s on November 4th, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

Why the Supreme Court Tariff Decision Might Not Be a Bullish Catalyst

What’s in Today’s Report:

  • Why the Supreme Court Tariff Decision Might Not Be a Bullish Catalyst

Futures are little changed following a quiet night of news amidst fading hopes for an end to the shutdown this week.

Commentary overnight implied the shutdown will not end this week, furthering the economic impact.

Economically, German Industrial Production and EU Retail Sales both modestly missed estimates.

Today we do get one notable employment report, Challenger Job Cuts (Prior: 55k) and the lower that number, the better as it would imply a more stable labor market.

Turning to the Fed, there are numerous speakers today, the most important of which are Waller (3:30 p.m. ET) and Williams (11:00 a.m. ET).  If they are supportive of a December rate cut, that should help stocks as they are part of Fed leadership (and Waller is in the running to be the next Fed Chair).  Other Fed speakers include: Barr (11:00 a.m. ET) , Hammack (12:00 p.m. ET), Paulson (4:30 p.m. ET) and Musalem (5:30 p.m. ET).

 

Tyler Richey Quoted in Troymedia.com as Oil Oversupply Pressures Grow

OPEC+ blinks as oil oversupply pressures grow

The World Bank Group forecasts that excess global oil supply could average four million bpd by 2026. That kind of surplus has consequences. U.S. benchmark West Texas oil prices “could fall as low as the mid-US$30s within a year if the sizable physical market surplus expected in 2026 becomes reality,” said Tyler Richey, co-editor at Sevens Report Research.

Also, click here to view the full article on Troymedia.com published on November 4th, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

Why Stocks Dropped Yesterday

What’s in Today’s Report:

  • Why Stocks Dropped Yesterday

Futures are weaker this morning but off session lows as investors digest underwhelming earnings from AI-sensitive SMCI and AMD ahead of key economic data today.

Economically, the Eurozone’s Final Composite PMI firmed to 52.5 vs. (E) 52.2 in October from 51.2 in September which is helping to ease concerns about a global economic slowdown.

Today, focus will be on economic data early with the ADP Employment Report (E: 28K), Flash Composite PMI (E: 54.8), and ISM Services PMI (E: 51.0) all due to be released by 10:00 a.m. ET.

There are no Fed officials scheduled to speak today but there is a 4-Week Treasury Bill auction at 11:30 a.m. ET that could shed light on investor expectations for a December rate cut.

Earnings season continues as well today with notable companies reporting including: NVO ($0.77), MCD ($3.35), HUM ($2.91), HOOD ($0.51), APP ($2.37), IONQ ($-0.44), and QCOM ($2.33).

 

New Sevens Report Special Report Coming Next Wednesday: How Bad Is the U.S. Debt Situation?

We’re continuing our Sevens Report Special Report series, and in the latest release, we’ll be taking an in-depth look at one of the most important, and popular, topics among investors: The U.S. debt situation.

We’ve all heard the warnings: The U.S. debt situation is unsustainable and a long-term threat to the markets and the economy. Well, your clients and prospects have heard these warnings too, so we wanted to produce an in-depth special report that takes an independent, fact-based look at the U.S. debt situation.

In this Sevens Report Special Report we: 1) Take a comprehensive look at the U.S. $37.4 trillion debt burden, 2) Explore historical comparisons to rising and declining empires, 3) Examine the implications of the looming $9.2 trillion “maturity wall” and 4) Evaluate threats to dollar dominance.

Like previous Sevens Report Special Reports, this report will both be branded as Sevens Report Research and as a “white labeled” version, allowing you to brand this robust and in-depth report as your own using your firm’s logo and other marketing materials. Both versions are included with a purchase.

Bottom line, the U.S. debt situation will be a major long-term influence on markets and investor portfolios, and the level of interest in U.S. debt, especially among more sophisticated investors, is high.

This special report can not only help explain the situation and put it in proper context, but also differentiate you from the competition by showing you’re focused on both the near-term and long-term risks to clients’ wealth. Please email info@sevensreport.com to learn more or to pre-order this special report.

 

Tesla Investors Should ‘Write the Check’ for Musk’s Pay Package: Essaye Interviewed on Yahoo Finance

Tom Essaye says shareholders should back Elon Musk’s $1 trillion compensation plan and let him “do his thing.”


Tesla investors should ‘write the check’ for Musk’s pay package

Tesla (TSLA) shareholders will be voting on Tesla CEO Elon Musk’s $1 trillion pay package ahead of the company’s annual shareholder meeting on Thursday, Nov. 6. Sevens Report Research founder Tom Essaye tells Yahoo Finance that shareholders should “write the check” and let Musk “do his thing.”

Also, click here to view the full interview on Yahoo Finance published on November 3rd, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

Tom Essaye warns that most S&P 500 stocks are lagging as the index hits new highs.

S&P 500’s Gains Look Deceptive Despite 16% Yearly Rally


SPX: Two Concerning Trends to Watch as Stocks Hit New Highs

The S&P 500 slipped 0.9% last Thursday, a modest pullback given its 16.2% year-to-date gain. But according to Tom Essaye, president of Sevens Report Research, that strength is “more than a little bit deceiving.”

Of the 503 companies in the index, only 144 — or 28.6% — are outperforming, while 227 are down for the year. Essaye noted that this imbalance raises questions about how sustainable the rally really is.

He also highlighted that the NYSE Advance-Decline Line fell to a 12-week low last week, even as the S&P 500 posted 14 record closes since September — a signal that far fewer stocks are moving higher during the rally.

Essaye concluded that while concentrated leadership is normal during long market advances, current extremes suggest risks are building beneath the surface.

Also, click here to view the full article on Moneyshow.com published on November 3rd, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.

The Companies Financing AI: Tom Essaye Interviewed on Yahoo Finance

Tom Essaye joins Yahoo Finance to discuss Big Tech names financing artificial intelligence (AI) buildouts with debt


Google, Meta finance AI with debt: Why it’s ‘bullish’ for now

Sevens Report Research founder Tom Essaye, Yahoo Finance Senior Reporter Ines Ferré, and Yahoo Finance Senior Reporter Brooke DiPalma join Opening Bid host Brian Sozzi to discuss the Big Tech names financing artificial intelligence (AI) buildouts with debt.

Also, click here to view the full interview on Yahoo Finance published on November 3rd, 2025. However, to see the Sevens Report’s full comments on the current market environment sign up here.


If you want research that comes with no long term commitment, yet provides independent, value added, plain English analysis of complex macro topics, then begin your Sevens Report subscription today by clicking here.

To strengthen your market knowledge take a free trial of The Sevens Report.


Join hundreds of advisors from huge brokerage firms like Morgan Stanley, Merrill Lynch, Wells Fargo Advisors, Raymond James, and more! To start your quarterly subscription and see how The Sevens Report can help you grow your business, click here.