4 ms·
Fair enough but screwing speculators in favor of die hard fans is not enough reason to hold off.
by projektfu 7y ago
Fair enough but screwing speculators in favor of die hard fans is not enough reason to hold off.
- nickff 7y agoIf this were a class-action lawsuit by people who were shorting Tesla stock, or owned some option on it, I would agree that it would be serve the purposes of class-action lawsuits (aside from lawyer-enrichment). But it isn't.
- projektfu 7y agoUnfortunately for your position, it’s considered to harm all investors when a key executive mouths off like this.
- nickff 7y agoI definitely agree that key executives mouthing off does harm the shareholders; the problem is that these shareholder class-actions against companies do not provide a real remedy to the harmed shareholders. I also agree that courts are allowing these lawsuits to proceed despite hearing objections like mine.