Sign up for CleanTechnica's Weekly Substack for Zach and Scott's in-depth analyses and high level summaries, sign up for our daily newsletter, and/or follow us on Google News! With Tesla’s disastrous quarterly results, it’s pretty clear that the company is actually in trouble. Despite years of poor product decisions (the ... [continued]
I’m okay with him keeping the shares as long as they are non-voting shares and he is barred from contacting any board member. Yes, that includes personal friends and family. Those are the requirements to keep them.
Well that’s never going to happen. There is no way to force him to sell those shares, or take them from him without a premium where he makes even more.
My point was, while your suggestion is indeed plausible, it won’t save Tesla: would-be EV buyers who give Tesla a pass don’t do it because Musk is on the board or runs the company, they do it because they don’t want to give their money to a fucking Nazi.
I’m okay with him keeping the shares as long as they are non-voting shares and he is barred from contacting any board member. Yes, that includes personal friends and family. Those are the requirements to keep them.
I’m not: if he has shares, he gets to profit from Tesla’s success. Worse: in your scenario, Tesla might do better and he might profit even more.
Well that’s never going to happen. There is no way to force him to sell those shares, or take them from him without a premium where he makes even more.
At least my suggestion is plausible.
Yeah you’re right, it’s not going to happen.
My point was, while your suggestion is indeed plausible, it won’t save Tesla: would-be EV buyers who give Tesla a pass don’t do it because Musk is on the board or runs the company, they do it because they don’t want to give their money to a fucking Nazi.