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> Anyone else would have been ejected by the board by now and shareholders would be gnashing their teeth for some accountability Perhaps it's for the best tha
by factsaresacred 9y ago
> Anyone else would have been ejected by the board by now and shareholders would be gnashing their teeth for some accountability
Perhaps it's for the best that Elon seems an indispensable part of Tesla's success. Ejecting CEOs and shuffling the boardroom because value will be realized - shock, horror - a few weeks later is akin to corporate dowsing: questionable actions with dubious results.
Shares can be sold. The idea that holding stocks of a company make one some kind of philosopher-king who need not deign themselves with concepts of patience and time horizons needs to go away.
Investment in shares is risk in hope of return, not a whip.