Elon Musk is having the best Father’s Day ever

A $56 billion pay package is just the cherry on top. [Bloomberg]( This is Bloomberg Opinion Today, a petulant child of Bloomberg Opinion’s opinions, by Christine Vanden Byllaardt. On Sundays, we look at the major themes of the week past and how they will define the week ahead. Sign up for the daily newsletter [here](. Father of the Year Elon Musk could receive at least 10 Father’s Day cards today, but there’s only one he really wanted, and it’s from his No. 1 Baby: Tesla. More specifically, the investors, who this week voted to back the billionaire entrepreneur’s [proposals]( to revive his $56 billion pay package and reincorporate the electric-car maker in Texas. And he didn’t waste any time: By Friday morning, Tesla had [officially shifted]( its incorporation to the Lone Star State from Delaware. While Bloomberg News’ Katie Greifeld dubbed it “the most boring outcome” on [Money Stuff: The Podcast](, the pay vote is only advisory and [doesn’t guarantee]( Musk will get his money. We still have to wait and wait to see what happens with Tesla’s expected appeal. It may well end up being the best outcome for Elon, but what about for the company itself? Musk’s short attention span might be a good thing here, says Matt Levine: Everyone seems to think the Cybertruck is really ugly and that’s clearly his baby. So maybe a distracted but happy Elon is the kind of best outcome for Tesla. Speaking of his baby: Why does Elon want to be Father of the Year[1](#footnote-1) so badly? [Everyone]( is meeting the Pope these days. Even Elon’s kids. Source: DogeDesigner/X Think about it. He dubs himself “The [Dogefather](.” He is father to six companies. He’s done more than his fair share for the birth rate, between his own progress in creating “the next generation of humans” and his [pro-natalist comments]( on X (which, you have to give it to him, are admirable considering F.D. Flam [says]( humanity is about to turn a major population corner.) The man has godfather-like influence over media, autos, telecommunications and space exploration. All the while, in Dave Lee’s [words](, acting like a “petulant child.” But the billionaire’s penchant for procreation might go too far. Last week, The Wall Street Journal [reported]( that a Space X employee who directly reported to Musk “alleged that Musk had asked her on multiple occasions to have his babies.” Sarah Green Carmichael [asks](: Did Musk’s companies succeed because of his erratic behavior, or in spite of it? “It’s increasingly looking like the latter.” While his wealth has dropped since its peak in 2021, it seems Elon is still set to have a grand ol’ Father’s Day: He might even be lucky to get a cake like this one he apparently sent to Delaware on Friday: “The voice of the people (is) the voice of God.” At this rate, the amount of kids he has just might make him God. Bonus Father’s Day Content: - Hunter Biden was convicted this week. [His dad’s reaction]( was remarkable. - If this fast food chain is good enough [for Taylor Swift](, it’s good enough to take dad for lunch. - A quick lesson from the [father of investing](: Warren Buffett. [What’s the World Got in Store](? - Juneteenth, June 19: Juneteenth, a Day for [Celebration and Frustration]( — Trevon Logan - More [SCOTUS]( decisions, June 20: Supreme Court’s [Bump Stock Ruling]( Is Dystopian Nonsense — Noah Feldman - BOE rate decision, June 20: Starmer Needs the Space Only the [BOE Can Provide]( — Marcus Ashworth [Euros Fever]( It’s official — UEFA Euro 2024 Season has started. Do Americans care? They should, considering football (soccer) is the world’s most popular sport. Here’s something they don’t seem to care about: Cricket. The world’s [second most popular sport]( is making another play for America’s attention. The [International Cricket Council Men’s T20 World Cup]( is being held on American soil for the first time, and despite the in-person crowds, few other sports fans are paying attention. Why? Could it have something to do with the fact that cricket is the most boring sport on earth?[2](#footnote-2) While the USA vs. Pakistan match last week didn’t even crack the list of [30 most-viewed sports programs]( on US television that day, Adam Minter [writes]( that lack of interest shouldn’t surprise organizers or [investors]( hoping to profit from cricket’s American growth. It takes more than money and one-off tournaments to go mainstream on US soil. Cricket doesn’t have this guy. Photographer: Brennan Asplen/Getty Images “The T20 World Cup, it’s hoped, [will help]( American cricket [replicate]( the [trajectory]( of Major League Soccer,” Minter writes. But there was no shortcut to that feat — and cricket, despite its global popularity and commercial appeal, “can’t claim to have anything approaching American soccer’s success.” Either way, the real question is: Is it coming home? [England fans](, let me know after today’s match. Notes: Please send Sweet Caroline videos and feedback to Christine Vanden Byllaardt at cvandenbylla@bloomberg.net. [1] Happy (American) Father's Day to the real FOTY — my dad, who was the first Tesla supporter in his small Australian town of Mildura. [2] I'll be stripped of my Aussie citizenship for this cricket slander. Follow Us Like getting this newsletter? [Subscribe to Bloomberg.com]( for unlimited access to trusted, data-driven journalism and subscriber-only insights. Before it’s here, it’s on the Bloomberg Terminal. Find out more about how the Terminal delivers information and analysis that financial professionals can’t find anywhere else. [Learn more](. Want to sponsor this newsletter? 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