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Yeah but isn't that something that could be handled between the company and investors, not on a public news site?
by ClassyJacket 8y ago
Yeah but isn't that something that could be handled between the company and investors, not on a public news site?
- ucaetano 8y ago> handled between the company and investors There's no such thing for a public company. It either talks to the board, which represents investors, or to the public, since it is impossible to know who owns shares of a public company. And in practice, given index funds, most people do.
- ClassyJacket 8y agoOkay, not an entirely unreasonable point. But then that would imply that Tesla has an obligation to make sure third party news outlets report on every holiday taken by every executive. I'm not saying it has to be private information, but why not announce it on their website? Why does the Wall Street Journal have to do it?
- ucaetano 8y ago> But then that would imply that Tesla has an obligation to make sure third party news outlets report on every holiday taken by every executive. Public companies have to publicly report any "relevant facts" that could seriously impact the company and the investors. A Senior Vice President of Engineering taking a leave of absence of many weeks (or more, with no end announced) during a major engineering crisis in the company is by all means a relevant fact.