Comment on Tesla loses $68 billion in value after Elon Musk says he is launching a political party
Archangel1313@lemmy.ca 8 months ago
They should be seriously considering firing this fuck, by now. Everything he’s done for the last couple of years has cost his investors money.
Hahahaha - have you seen “the board”? It’s several bought-and-paid-for dipshits and members of his family. He’ll make a good decision before they oust him.
Not happening. Never (unless it’s part of a scam, then yeah sure why not. Gotta fleece the stooges).
Then it sounds like it would be a slam-dunk to prove in court, that the board is no longer honoring its fiduciary duties to its investors.
Yep. Good luck!
lol you think ant court in this farce of a country holds the rich to account?!
As a certain scorpoin would say, “lol, lmao”
Which “rich” are you talking about? The one rich guy in charge…or the many rich people that are watching their investment bottom out, because of him?
I’m happy to see the company go up in flames. Anyone still holding positions in TSLA deserves whatever happens.
neukenindekeuken@sh.itjust.works 8 months ago
Won’t happen. His board are all sycophants.
Archangel1313@lemmy.ca 8 months ago
Then Tesla’s investors should organize a class action suit against the board, for acting against their best interests.
MotoAsh@lemmy.world 8 months ago
Nope, they already approved a massive payday to Musk specifically. Please explain to me how rewarding ANYONE millions or billions of dollars is EVER a financially smart move. Yet they didn’t get in trouble for it.
What you need to learn is that rhis country is ALREADY bought and paid for by the rich.
Archangel1313@lemmy.ca 8 months ago
And yet, he’s costing the rich a ton of money by tanking the value of his stock. That should take precedence over whatever “the board” decided to give him. The investors are the priority in a capitalist system…not the board. The board’s job is to maximize investor returns. That’s all.