Micron's business cycle
As a memory chip design and manufacturing specialist, Micron operates in a cyclical industry. The computer memory market is greatly affected by supply-demand dynamics in last-stage target markets such as smartphones, data center systems, and modern automobiles with large data processing capabilities.
Historically, Micron has experienced several periods of significant decline after rapid growth, which reflects an extensive semiconductor cycle. This cyclicality has the potential to make short-term investments difficult, but it is also an opportunity for long-term investors who can get through the recession.
Micron's recent financial performance appears cyclical at first glance. Despite excellent returns over the past year, the fall in stock prices from all-time highs suggests that market makers are wary of the next potential recession. However, this decline does not necessarily herald the end of Micron's recent swing back into a high-growth region.
Micron's business cycle
From a historical perspective, Micron's business cycle is rising...

In the Delaware court, Musk and Tesla are trying to push through a $50 billion compensation package again, after being obscured by collusion with the board of directors and failing to properly disclose the feasibility of the compensation targets. In my understanding, the goals were as follows: achieving revenue of $20 billion and a market capitalization of $100 billion. Tesla easily achieved both of these goals and was expected to do so even before the compensation package (which was undisclosed at the time). Granting 0.3 billion shares (or approximately 10% of the company) in stock options seems unreasonable in light of these goals. However, if the negotiation was fair, there would be no technical issue. It cannot be denied that Musk has control over Tesla's board of directors.
Looking at Tesla from a broader perspective, it has decreased by 30% year-to-date. Musk has laid off about 10% of the employees. FSD is still not close to completion. Revenue is decreasing compared to the previous year. Most of the Supercharger team has been laid off. Musk has launched a company that directly competes with Tesla. So my question is, why do people vote in favor of giving 10% of the company to this man who seems to care little about Tesla?