4 ms·

I still don't get how he can make employees from a different company he owns come over and do this. Twitter belongs to musk personally, not tesla, correct?

brightball 4y ago
Technically he could hire them as contractors?
soraki_soladead 4y ago
That’s correct. As I understand it, it only becomes a problem when Tesla’s board says it is.
midislack 4y ago
r2_pilot 4y ago
"Other duties as assigned."
detaro 4y ago
I assume it's something like this: Musk asks Tesla if Tesla would be willing to contract out some employees to Twitter to help with some stuff. Tesla says yes because nobody wants to get fired for telling the CEO "no, that's stupid". Some shareholders think it's a stupid idea but by and large won't do anything because if you are a Tesla shareholder you own Tesla stock fully knowing that "Musk occasionally does stupid things" is just what happens. If some decide to sue it's going to maybe lead to some small-ish settlement and don't actually change anything.
deleted 4y ago
[deleted]
deleted 4y ago
[deleted]
paxys 4y ago
He is the CEO of Tesla. He can make the employees do whatever he wants.
- TheLoafOfBread 4y ago
  This is not how it works.
  - paxys 4y ago
    That's exactly how it works. There's nothing illegal about employees of one company helping out another. If Tesla shareholders don't like it - well, they can vote out Elon at their next meeting. I'm sure that will work out great for them.
    - TheLoafOfBread 4y ago
      Larry take your team of coders, we are going to construction site of my house, I need some free help there and don't want to pay for workers. Sounds odd hmm? Really this is not how it works.
      - deleted 4y ago
        [deleted]
      - sanjayio 4y ago
        You are assuming free.
    - jeff_tyrrill 4y ago
      Corporations have a fiduciary duty to all shareholders, including minority shareholders - not just the majority. The issue isn't it being "illegal" for "employees of one company helping out another". It's that Elon Musk is an employee (CEO), not the full owner (only a partial owner), of Tesla, and doesn't have the legal right to treat Tesla resources as his personal property.
- e63f67dd-065b 4y ago

brightball 4y ago

Technically he could hire them as contractors?

soraki_soladead 4y ago

That’s correct. As I understand it, it only becomes a problem when Tesla’s board says it is.

midislack 4y ago

r2_pilot 4y ago

"Other duties as assigned."

detaro 4y ago

I assume it's something like this: Musk asks Tesla if Tesla would be willing to contract out some employees to Twitter to help with some stuff. Tesla says yes because nobody wants to get fired for telling the CEO "no, that's stupid". Some shareholders think it's a stupid idea but by and large won't do anything because if you are a Tesla shareholder you own Tesla stock fully knowing that "Musk occasionally does stupid things" is just what happens. If some decide to sue it's going to maybe lead to some small-ish settlement and don't actually change anything.

deleted 4y ago

[deleted]

deleted 4y ago

[deleted]

paxys 4y ago

He is the CEO of Tesla. He can make the employees do whatever he wants.

TheLoafOfBread 4y ago
This is not how it works.
- paxys 4y ago
  That's exactly how it works. There's nothing illegal about employees of one company helping out another. If Tesla shareholders don't like it - well, they can vote out Elon at their next meeting. I'm sure that will work out great for them.
  - TheLoafOfBread 4y ago
    Larry take your team of coders, we are going to construction site of my house, I need some free help there and don't want to pay for workers. Sounds odd hmm? Really this is not how it works.
    - deleted 4y ago
      [deleted]
    - sanjayio 4y ago
      You are assuming free.
  - jeff_tyrrill 4y ago
    Corporations have a fiduciary duty to all shareholders, including minority shareholders - not just the majority. The issue isn't it being "illegal" for "employees of one company helping out another". It's that Elon Musk is an employee (CEO), not the full owner (only a partial owner), of Tesla, and doesn't have the legal right to treat Tesla resources as his personal property.
e63f67dd-065b 4y ago