Ross Gerber — an investment adviser, outspoken longtime Tesla shareholder and prolific Twitter user — tells Axios that he will file a letter to Tesla's board next week stating his intentions to run for a seat, confirming comments he'd made earlier in the day on a Bloomberg Twitter Spaces conversation.
Why it matters: Gerber is running under new SEC "universal proxy" rules that enable all shareholders to vote for their preferred combination of board candidates.
A complex and highly consequential weather phenomena is slated to take place next week, as air temperatures about 100,000 feet above the surface, skyrocket and swirling winds around the Arctic slow or even reverse direction.
Why it matters: Known as a sudden stratospheric warming event (SSW), this can disrupt the polar vortex and displace frigid air masses into Europe and the eastern U.S.
Nextracker, a Fremont, Calif.-based developer of solar tracker systems, raised $638 million in its IPO.
Why it matters: This is the largest U.S. IPO since Mobileye went public last October, and the largest solar energy IPO in more than two years. It also comes on the same week that three other companies are planning to raise at least $150 million in IPOs of their own, suggesting something of a market thaw.
Declining plant health could mean increased food prices for already constrained American consumers, experts tell Axios.
Driving the news: It might not be obvious why the health of plants is a contributing factor to food shortages in developed countries. But there's a direct connection — when they're diseased, there's less food to go around, and food prices rise accordingly.
