3 ms·
> "Line stopped going up" does not seem to be a sound basis for a lawsuit. I don't see any mention of a lawsuit, only people wanting a new CEO, and wanting a s
by eesmith 4y ago
> "Line stopped going up" does not seem to be a sound basis for a lawsuit.
I don't see any mention of a lawsuit, only people wanting a new CEO, and wanting a share buyback.
Literally no major shareholder expects there will never be a dip, it's certainly not mentioned in the article, so I don't know why you cared to write this comment.
The three listed reasons for shareholder activism are: "The combination of slumping stock, a distracted CEO and concerns about the Tesla brand being tarnished."
Shareholders have the right to make recommendations to the board on important topics - a right you seem to reject.
> What if this is just a dip then
By that logic, investor activism is never appropriate. Because it could always change tomorrow.
> do stock holders feel that he is obligated only to improve the value of their stock
You do appear to like strawman arguments.