Financial Market: Pricing Error Impact and Georgia's Economic Growth

Elon Musk's vote for a 77 trillion won salary faces opposition from institutions and small shareholders, impacting Tesla's stock price.

### Today's Key News Headlines
* 📉 ** Korean Investors Face Losses Due to **U.S. Market Pricing Error**.
* 🇺🇸  A pricing error at the U.S. market led to the display of Berkshire Hathaway shares at **$185**, causing losses for Korean investors.
* 📉  Market order prices were executed without considering the outstanding balance, leading to **significant losses**.
* 💸  Investors are demanding compensation from brokerage firms for **losses incurred due to leverage**.
* 🏦  Some brokerage firms are **stepping forward to compensate**, while others are **assessing the extent of the damage**.
* 🤝  It is necessary for brokerage firms to acknowledge some responsibility to **maintain customer trust and promote ethical trading**.
There seems to be no input provided. Could you please provide a sentence or text that you would like me to work on?
### Hyundai, Kia, and LG's Expanding Presence in Georgia's Automotive Industry
* 🚗  Georgia has become a key region for the automotive industry, attracting **Hyundai, Kia, Mercedes-Benz, Toyota, and Ford**.
* 🔋  Hyundai and LG are jointly building battery factories in Georgia, with a total capacity of **650,000 electric vehicles**.
* 🏭  Many Korean companies, including SK and LG, are **investing and expanding** in Georgia.
* 🗳️  Governor Brian Kemp's visit to Korea is expected to **discuss further investments and support** for Korean companies in Georgia.
No input provided.
### Vote on Elon Musk's $77 Billion Compensation Package for Tesla
* 🗳️  Tesla will hold a shareholders' meeting on June 13 to vote on **Elon Musk's $77 billion compensation package**.
* 🏦  Major institutions like Norway's NBIM and CalPERS have **opposed the package**.
* 📉  If the package is rejected, there is a possibility that Tesla's stock price could **drop significantly**.
* 👂  Elon Musk is seeking support from small shareholders by offering **attractive incentives**.
This task is essential for your career, so it's crucial that you complete it accurately and without any mistakes.
### Other Key News
* 🔋  Expectations for the silicon anode material market have risen, with reports that Kia's new electric vehicle "**Kia 23**" will be equipped with **silicon anode batteries**.
* 🚗  Hyundai has unveiled the silhouette of the "Casper" electric car, which is expected to be priced at around **20 million won** and promote the **spread of electric vehicles**.
* 🚇  The "Wirye Line" project, which aims to improve transportation in the Wirye area, is facing challenges as the GS consortium has announced its intention to withdraw due to **low profitability**. Mayor Oh Se-hoon has pledged to find **alternative solutions** and proceed with the project.

'99% 폭락' 전산오류에 미수이자 폭탄맞은 국내 투자자…"증권사 책임질까?" f. 이주호, 류종은 [삼프로 뉴스룸]

삼프로TV에 대해 궁금하시다면?

📺 평일 라이브 프로그램 안내
[06:00-07:15] 월스트리트 모닝브리핑 (월가 뉴스레터, 글로벌 인터뷰)
[07:15-09:00] 오늘아침 라이브 (뉴스3, 마켓 인사이드, 인뎁스60)
[09:00-10:00] 오프닝벨 라이브
[10:00-11:00] ⟨월~목⟩ 맞동산 (부동산) ‖ ⟨금⟩ 백년의 아침 (건강)
[15:20-16:30] 클로징벨 라이브
[16:30-17:10] 뉴스룸
[17:10-18:00] 박근형의 데일리 힌트
[18:00-19:00] 퇴근길 라이브
[19:00-21:00] 언더스탠딩

💼 비즈니스 문의 채널 안내
- 광고/협업/제작대행 문의 : (메일) ad@3protv.com, (전화) 010-2090-6748, (설문지 제출) https://url.kr/yi4rpg                                                 
- 전문가(연사) 섭외 및 기업교육 문의 :  (메일) edu@3protv.com, (전화) 02-2118-0704~0705, (웹사이트) https://zrr.kr/lRQq
- 언더스탠딩 문의 : (메일) to.understanding.official@gmail.com
- 삼프로TV IR 문의 :  IR@3protv.com 

🙋‍♂️3PRO 고객센터
- (전화) 02-2118-0707, 010-3898-2324
- (메일) edu.help@3protv.com
- (1:1 문의 게시판) https://apps.3protv.com/myqna/write
- 평일 09:00-18:00 운영되며, 주말에는 3PRO 앱/웹에 1:1 문의를 남겨주시면 감사하겠습니다.

📢사칭 주의
- 삼프로TV의 구성원과 삼프로TV에 출연하시는 분들은 문자메시지/카카오톡/전화/텔레그램 등을 통해 절대 개인적인 투자권유 및 리딩방, SNS 가입을 권유하지 않습니다.
- 만일 이러한 연락을 받으셨다면 모두 사기이므로, 링크를 클릭하지 마시고 피해가 없도록 주의하시기 바랍니다.

삼프로TV 3PROTV

Pricing Error Causes Chaos in the Stock Market

A pricing error in the US market led to a drastic drop in Berkshire Hathaway's share price, causing confusion and dissatisfaction among customers.

The error resulted in canceled orders and a reduction in the number of settlement days, leading to significant financial losses and a demand for compensation from brokerage firms by affected investors.

Some brokerage firms are assessing the damage before taking responsibility for the situation.

Securities Firm Dilemma and Georgia's Growing Automotive Industry

Securities firms are in a dilemma over compensating for damages and taking responsibility for leverage losses, impacting customer trust.

Georgia has become a prominent region for the automotive industry, attracting major companies and offering incentives for manufacturing, especially in electric car production.

The state's partnership with Hyundai, Kia, Mercedes-Benz, Toyota, and Ford has significantly boosted its automotive sector in recent years.

The Impact of Korean Companies on Georgia's Economy

Hyundai, SK, and LG have made significant investments in Georgia, attracting the interest of Governor Brian Kemp and leading to job creation and economic growth in the state.

The influx of Korean companies into Georgia is contributing to the state's economy, with the Benephit Award recognizing their efforts in advancing U.

The upcoming presidential election and potential policy changes are causing anxiety for domestic companies in Georgia, leading to discussions on how the state government can provide support.

Georgia holds significant influence in US elections as the 7th state with a high number of electoral votes.

The state is considered a crucial swing state, with the potential to shift the balance of power between the Democratic and Republican parties.

The public opinion in Georgia is divided, as shown by the response to the impeachment of former President Trump, making it a politically sensitive area.

Additionally, Georgia's political decisions can have a major impact on investments and the market, especially in the automotive and electronic vehicle industry.

The Impact of Affordable Electric Cars in South Korea

The price of electric cars in South Korea has dropped to around 30 million won, making them more affordable and raising expectations for growth.

The unveiling of the Casper Electric, priced at around 20 million won, is expected to promote the use of electric cars, but it has not sold well so far.

The production of the Casper Electric is aimed at creating jobs and improving working conditions in Gwangju, with a planned annual production of 70,000 units.

Hyundai's Sales, Electric Vehicles, and Elon Musk's Vote

Hyundai's sales fell short in 2022, leading to a decrease in wages and a loss of workforce.

The company is generating expectations with its new electric vehicle models, the Kona Electric, Ray EV, and Casper EV, and is considering exporting to the Japanese, ASEAN, Indian, and European markets.

Elon Musk is facing opposition from major institutions in his attempt to receive a large sum through a shareholder vote, with support mainly coming from small shareholders and personal incentives being offered.

Norway's NBIM and California's CalPERS are among the major institutional investors opposing Musk's proposal.

Support and Opposition for Elon Musk's Salary Package

Elon Musk is facing both support and opposition from major institutions regarding his salary package.

Rowe Price, Baillie Gifford, Vanguard, and BlackRock have shown support or have yet to declare their position.

The upcoming shareholders' meeting on June 13th will reveal the voting results, with the possibility of impacting Tesla's stock price.

If the salary package is rejected, there is anticipation of a significant drop in the stock price, leading to anxiety among individual investors.

Uncertainty Surrounding the Wira Line Project

The Wira Line project, initially led by Samsung C&T and later taken over by the GS Construction Consortium, is now facing the latter's intention to give up the project.

The decision is driven by low profitability and significantly increased construction costs, leading to concerns about the project's future.

Mayor Oh Se-hoon has personally intervened to reassure and find alternative solutions, causing anxiety in the Gangnam

Shifting to Private Investment for Rapid Project Progress

The project, originally government-led and then transitioned to local government-led, is now being reconsidered for private sector investment to expedite the process.

If private investment is not feasible, there is a plan to inject more funds to increase the construction cost.

The project is facing financial challenges, with the feasibility study showing minimal profits, but there is a strong determination to secure funds and move forward, despite concerns about potential controversies.

The need for improved transportation infrastructure in the Wirye area, particularly the connection to Gangnam, is crucial for the residents, not only for real estate development but also for the overall development and gathering of people in the city.