And also...do the "shareholders" think this will improve the value of the company? Isn't it more than half of their revenue? Wouldn't this actually be a really bad thing for Tesla's value? Isn't Tesla one of the few EV producers with quickly dropping sales figures? Are the shareholders actually just Mlon Eusk? Enquiring minds want to know!
Those idiots decided to throw away their money to a grifter, who are we to judge? Let them drive the company to the ground, plenty of EV producers actually making good cars.
I mean, this is actually probably the "right" decision from a shareholder perspective.
Delaware is still going to stop that bribe any time soon. But this way the stock won't tank when musk guts the company out of spite and they can sell off their shares over the next few weeks/months.
Horrible for the company but... that company was already fucked.
Delaware is still going to stop that bribe any time soon. But this way the stock won’t tank when musk guts the company out of spite and they can sell off their shares over the next few weeks/months.
Horrible for the company but… that company was already fucked.