They have, but it’s done before diluting shares. Generally people with voting power don’t vote that power away from themselves.
Comment on Elon Musk demands another huge payday from Tesla
Goodie@lemmy.world 10 months agoI believe in order for that to work, the shares have to be set up for that during IPO. I’m not sure of any company that’s done it mid-flight (but I could be wrong).
Serinus@lemmy.world 10 months ago
KingThrillgore@lemmy.ml 10 months ago
They also can’t re-issue dual shares in Delaware, where Tesla is incorporated.