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Random thought -- is it a conflict of interest to sell so many shares, knowing that it will have a major impact on share price? If you know your personal action
by mbreese 4y ago
Random thought -- is it a conflict of interest to sell so many shares, knowing that it will have a major impact on share price? If you know your personal actions (needing to sell a lot of TSLA shares to buy Twitter) will have an impact on your professional responsibilities (keeping the TSLA share price high), when does that become a conflict? Is there a way to mitigate that conflict?
- dragontamer 4y agoThat's the board's problem. Normally, you're not supposed to have the largest shareholder, CEO, and Board Chair be the same person. SEC forced Elon off the board chair at least. But yeah, its a well known fact that Tesla's setup is full of conflicts of interest. It doesn't seem like the shareholders (or the board) feels like fixing it though.