3 ms·
Just? If special interest groups control 60+% of shares outside of Musk's personal stake, I'd be shocked. The data argues against your hypothesis pretty convin
by tslathro 5y ago
Just? If special interest groups control 60+% of shares outside of Musk's personal stake, I'd be shocked.
The data argues against your hypothesis pretty convincingly.
- belltaco 5y agoI would think a lot of individual shareholders don't vote unless there's a high profile or high stakes issue like the Solarcity acquisition. Not sure if this data is available but would be interesting. This allows special interest groups to have an outsized influence on the vote.
- tslathro 5y agoThe data comes from morningstar, and the adjusted data removed Musk's shares. To perform that calculation they just have total numbers of votes cast. (And I would guess that most shareholders vote by proxy, meaning individual shareholders are, in fact, voting.)
- loourr 5y agoIf they controlled that many shares then it would be policy not a request. They clearly do not.