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Our mission: Bringing practical business and technical intelligence to today's structured cabling professionals

For more than 30 years, Cabling Installation & Maintenance has provided useful, practical information to professionals responsible for the specification, design, installation and management of structured cabling systems serving enterprise, data center and other environments. These professionals are challenged to stay informed of constantly evolving standards, system-design and installation approaches, product and system capabilities, technologies, as well as applications that rely on high-performance structured cabling systems. Our editors synthesize these complex issues into multiple information products. This portfolio of information products provides concrete detail that improves the efficiency of day-to-day operations, and equips cabling professionals with the perspective that enables strategic planning for networks’ optimum long-term performance.

Throughout our annual magazine, weekly email newsletters and 24/7/365 website, Cabling Installation & Maintenance digs into the essential topics our audience focuses on.

  • Design, Installation and Testing: We explain the bottom-up design of cabling systems, from case histories of actual projects to solutions for specific problems or aspects of the design process. We also look at specific installations using a case-history approach to highlight challenging problems, solutions and unique features. Additionally, we examine evolving test-and-measurement technologies and techniques designed to address the standards-governed and practical-use performance requirements of cabling systems.
  • Technology: We evaluate product innovations and technology trends as they impact a particular product class through interviews with manufacturers, installers and users, as well as contributed articles from subject-matter experts.
  • Data Center: Cabling Installation & Maintenance takes an in-depth look at design and installation workmanship issues as well as the unique technology being deployed specifically for data centers.
  • Physical Security: Focusing on the areas in which security and IT—and the infrastructure for both—interlock and overlap, we pay specific attention to Internet Protocol’s influence over the development of security applications.
  • Standards: Tracking the activities of North American and international standards-making organizations, we provide updates on specifications that are in-progress, looking forward to how they will affect cabling-system design and installation. We also produce articles explaining the practical aspects of designing and installing cabling systems in accordance with the specifications of established standards.

Cabling Installation & Maintenance is published by Endeavor Business Media, a division of EndeavorB2B.

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Big investors weigh response to Musk social media controversies

photo of elon musk holding microphone with tesla banner and logo in background

Shares of Tesla Inc. (NASDAQ: TSLA) are having a banner month, advancing more than 17% so far in November. Nonetheless, shares are still underperforming some other automotive stocks, including Stellantis N.V. (NYSE: STLA) and BYD Co. Ltd. (OTCMKTS: BYDDF).

However, Tesla stock has been outperforming other consumer discretionary stocks tracked by the Consumer Discretionary Select Sector SPDR Fund (NYSEARCA: XLY).

The stock has been on a roll despite some investors becoming concerned by controversial tweets from Tesla CEO Elon Musk. Controversy is nothing new for Musk, who has come under fire in the past for posts on his social media site X (formerly Twitter). 

Several companies, including Apple Inc. (NASDAQ: AAPL), Walt Disney Co. (NYSE: DIS), and International Business Machines (NYSE: IBM) have pulled their ads from privately held X in response to antisemitic posts by Musk.

Could Musk's controversies harm Tesla's brand?

But now, some Tesla shareholders say Musk's statements could hurt the car's brand.

For example, Kristin Hull, founder and CEO of Nia Impact Capital, said in a media interview with Time that she was "appalled" by Musk's statements. 

Nia focuses on companies that follow environmental, social and governance (ESG) guidelines. The investment company also says its holdings must "meet our high-impact, solutions-focused social and environmental standards."

According to Time, Nia owned a little over $280,000 of Tesla shares as of mid-2023. Hull has been an activist investor, pressuring the company on various fronts and presenting shareholder resolutions. 

Board has options for taking action

In her communications with Time, Hull said responses to Musk's offensive speech might include board censure, demotion from his position as CEO, suspension or even removal.

Of course, for any of that to happen, the Tesla board would have to take action, or activist investors would have to pressure the board. Another complication would be Musk's significant stake in the company. 

Removing a CEO like Musk with a significant stake in the company is challenging, as his ownership grants them influence, making board decisions sensitive. Shareholder support and legal complexities generally complicate attempts to oust such CEOs, affecting corporate governance dynamics.

According to CBS MoneyWatch, Wedbush analyst Dan Ives said Tesla investors are "frustrated and dismayed" by Musk's latest controversies. 

"It was a dark day for Musk and Tesla with this X post heard around the world," Ives emailed CBS. "[L]ongtime shareholders are asking what is next? We see no changes to Musk's leadership, but this is a black eye that will not be forgotten by many."

Unhappy New Yorkers

A prominent investor unhappy with Tesla is the New York City retirement system, which has about $946 million in Tesla shares as of September 30.

New York comptroller Brad Lander, who oversees the city employee retirement funds, sent a letter to the Tesla board. "As CEO, Mr. Musk is the face of Tesla, and his behavior here, for better or worse, directly reflects on the Company," Lander wrote.

He addressed board chair Robyn Denholm directly, saying, "As Chair of the Board, you have a responsibility to all shareholders to hold Mr. Musk accountable for actions when they harm the Company and contravene the Company's Code of Business Ethics."

If the board takes no action, Lander wrote, it would send a message to Tesla employees "that the behavior of the company's CEO is unassailable, the Company's Code of Business Ethics is toothless, and employees are free to take any action or utter any words, no matter how hateful or harmful."

Is a selloff in the cards?

Would institutional investors actually begin selling off shares if the board takes no action against Musk?

A look at the Tesla chart clearly shows the recent uptrend. Tesla stock is up 8.74% on a rolling one-month basis. 

Not only are big investors apparently unperturbed by Musk's latest controversy, but also by a decline in operating income, according to the company's latest earnings report. As Tesla slashes prices to spur buying volume, margins have been shrinking.  

MarketBeat's Tesla analyst forecasts show a price target of $233.87, a slight downside from its November 24 closing price of $235.45.

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