Comment on Tesla shares slide after judge voids Elon Musk's $56 billion compensation
bonus_crab@lemmy.world 5 months agoWell, theyd get the shares back, and then presumably be able to sell them …
Comment on Tesla shares slide after judge voids Elon Musk's $56 billion compensation
bonus_crab@lemmy.world 5 months agoWell, theyd get the shares back, and then presumably be able to sell them …
Corkyskog@sh.itjust.works 5 months ago
They aren’t real shares, so there is nothing to “turn back” these are stock options.
Think about it like when a Nation State prints money. Do they have to directly steal money to print more money? No, they just turn on the printers and dilute the purchasing power of all the existing money. This is basically the same with Tesla except money = TSLA shares. For every share they print for Elon, it makes all the rest of the shares worth less.