4 ms·
I don't see how the issues they bring up are going to materially affect the business or stock price. Everyone knows TSLA is overvalued but this isn't what would
by kfprt 5y ago
I don't see how the issues they bring up are going to materially affect the business or stock price. Everyone knows TSLA is overvalued but this isn't what would move the needle.
- tslathro 5y agoMaybe the people voting care about the issues raised in the votes? Eg, use of arbitration against employees might be something someone genuinely cares about, independent of the impact to the stock price
- kfprt 5y agoIs arbitration or the lack thereof really going to change the number of cars they sell or their revenue in a meaningful way?
- tslathro 5y agoThat's exactly my point. Some shareholders vote with criteria other than "cars sold" in mind. I regularly vote to improve worker quality of life, even if it means weaker financials for the company in stock votes.