I really don't get why they'd vote for massive dilution of their shareholders for a completely checked out part time CEO.Turns out Vanguard switched their vote to yes on Elon's pay package, and they are the second largest shareholder at 7%, after Musk himself.
Someone must have been plied with hookers and blow.I really don't get why they'd vote for massive dilution of their shareholders for a completely checked out part time CEO.
This will also usher in a new era of ridiculous CEO pay growth.
I was thinking the sameSomeone must have been plied with hookers and blow.
He filled a form late.
Imagine to be able to make a move that essentially lets you act like an insider trader and make millions off of other unsuspecting investors and then getting to be like ‘oops, it’s just a late form!’He filled a form late.
You really have no idea what that translates to, do you?He filled a form late.
Al Capone: ‘so I forgot to file a form, what’s the big deal?’You really have no idea what that translates to, do you?
He filled a form late.
And essentially saved himself that $143 million on the backs of other investors by disguising the real price of the stock.He saved himself about $143M possibly by filling that form late.
Elon Musk’s Belated Disclosure of Twitter Stake Triggers Regulators’ Probes
And essentially saved himself that $143 million on the backs of other investors by disguising the real price of the stock.
It's crap like this that makes one question the wisdom of index funds. The S&P 500 please, except for Elon, thanks.Hey ...if the stockholders/owners of Tesla want to pour billions of dollars into Musk's pocket… it’s their money. I suppose Tesla owners who disagree may be VERY unhappy with the result of this vote, but that’s what lawyers are for.
Coercing the shareholders to hand over this cash is exactly what he did. The shareholders are under no obligation to vote yes, if they choose to vote yes, it’s because they think yes is the best way for them to earn more money. It is their money to flush down the toilet. Tesla may become a meme stock in the not so distant future. By the time the 5 years are up, its entirely possible that Tesla’s bubble will have burst and the price may have come back to reality so that in the end it will be worth much less than the current $55 billion. On the other hand if this deal is what is needed to provide the Musk magical fairy dust that keeps Telsa’s stock price disconnected from reality it may be worth the price. Musk seems to want Tesla to be considered an AI company, and not just a car manufacturing company. Will Musk put his money into the company now for autonomy? I have my doubts
Well we can add the harm caused by violating securities laws to the list of things you are ignorant of and unconcerned about.He filled a form late.
We all know if it was George Soros, he'd give a shit. He may not like Elon much as a person, but he is on the same team. Just like Greenman may not 'like' Trump, but he'd be happy with a Trump win vs a Biden win.Well we can add the harm caused by violating securities laws to the list of things you are ignorant of and unconcerned about.
My issue are the index funds that voted for this over the recommendations of the rating corps. It's one thing to vote for your own shares to be diluted, it's another to vote to dilute the shares of millions of other people.Hey ...if the stockholders/owners of Tesla want to pour billions of dollars into Musk's pocket… it’s their money. I suppose Tesla owners who disagree may be VERY unhappy with the result of this vote, but that’s what lawyers are for.
Coercing the shareholders to hand over this cash is exactly what he did. The shareholders are under no obligation to vote yes, if they choose to vote yes, it’s because they think yes is the best way for them to earn more money. It is their money to flush down the toilet. Tesla may become a meme stock in the not so distant future. By the time the 5 years are up, its entirely possible that Tesla’s bubble will have burst and the price may have come back to reality so that in the end it will be worth much less than the current $55 billion. On the other hand if this deal is what is needed to provide the Musk magical fairy dust that keeps Telsa’s stock price disconnected from reality it may be worth the price. Musk seems to want Tesla to be considered an AI company, and not just a car manufacturing company. Will Musk put his money into the company now for autonomy? I have my doubts
Remember all, green man is a magatard and troll. Unless you do it for entertainment value put him on ignore and maybe he will go away. A lot to hope for, I know.He filled a form late.
That must be one of those victimless crimes they are always talking about when their side does it.And essentially saved himself that $143 million on the backs of other investors by disguising the real price of the stock.
“lt is a great system, and I consider myself lucky to have been born in this time and this place.”Well we can add the harm caused by violating securities laws to the list of things you are ignorant of and unconcerned about.