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Then appropriate remedies should be pursued, but in what way have Tesla shareholders as a class been damaged? In the net, I would wager that Tesla shareholders
by threatofrain 7y ago
Then appropriate remedies should be pursued, but in what way have Tesla shareholders as a class been damaged? In the net, I would wager that Tesla shareholders are still quite happy with Elon at the helm.
- toomuchtodo 7y agoAs a shareholder, I’m still long, but want Musk to be held accountable. Incentives are important.
- slg 7y agoThat accountability is more likely to come from the SEC's previous punishment than this lawsuit. It seems like many of the people here are acting as if this shareholder lawsuit is the only recourse against Musk's actions. My original comment was made in the context of that punishment already being handed down.
- deleted 7y ago[deleted]
- xkjkls 7y agoThat punishment was a slap on the wrist compared to how much actions like this poison the public markets. Knowing the SEC won't act with real force in these situations will encourage penny stock CEOs and other characters to do the same thing.
- toast0 7y agoCompany resources have to be spent on this crap, soley because of his tweet. If I were a shareholder, I would be tired of the wasted resources spent cleaning up after his twitter account.
- dantheman 7y agoIf you don't like how he runs the company don't be a shareholder, it appears you aren't. It'd be hard to think that Tesla would be what it is without him. In fact losing him, is probably the biggest risk they face.