He’ll still retain his shares. Which is the source of his wealth.
For my money I’m going to throw a goddamn party if this cursed stock hits double digits.
Comment on Tesla sales crash continues in Europe, with Germany down 70%
tigeruppercut@lemmy.zip 3 days agoAs a publicly traded US company, can’t the board of directors vote Elon out because of tanking sales? Seems like that’s the only way for the company to survive at this point.
buddascrayon@lemmy.world 2 days ago
CheeseNoodle@lemmy.world 2 days ago
Does that still apply when the CEO is also Emperor of the United States?
drmoose@lemmy.world 3 days ago
Cause everyone at Tesla is a spineless grifter too.
Tja@programming.dev 3 days ago
In a normal company they could, but the board are all loyal to him, not the company. Recently they insisted in giving him a 50 BILLION bonus, yes, with B. No chance they will intervene. And putting a puppet CEO like at Twitter won’t have a strong effect either.
ringo32@lemmy.world 2 days ago
Dont know is a normal company…normal company growth big in generations like toyota honda volkwagen bmw…one life time there is a big bubble…also want to act like apple…propiatary stuf… I dont mind tesla for demise