4 ms·

TL;DR a dude who owns 0.6% of Tesla wants to replace its CEO.

• Waterluvian 4y ago
  By owning billions of dollars of Tesla, he probably deserves to be heard. And what he wants to say is simple and sensible: Elon is very distracted and Tesla deserves a full-time CEO.
  • akomtu 4y ago
    I somehow suspect Elon wants to jump the Tesla ship: he needs an excuse to sell all his shares before their value is eaten by competition.
    • jacquesm 4y ago
      Either that or Tesla has some skeletons in the closet that Musk knows about that haven't made it to the public yet. When the CEO of a company starts selling very large blocks of stock that is always a time to watch out and this whole Twitter saga started as just that, a pretext to sell a pile of Tesla stock.
    • Zigurd 4y ago
      That may be how he feels, but acting on that will require unwinding a complex set of margin loans with different terms.
    • happyjack 4y ago
      I think this is a very likely scenario.
  • jjtheblunt 4y ago
    I think the person owns about $250,000,000 worth, not billions, but a lot nonetheless.
    • Waterluvian 4y ago
      Oh. Maybe! I just took 0.6% of the market cap from my stock app. And maybe I missed a zero in the multiplication.
    • coopsmoss 4y ago
      $3.4B according to the article
    • bdcravens 4y ago
      The subtitle literally says "KoGuan Leo, who owns $3.4 billion worth of Tesla shares"
      • jjtheblunt 4y ago
        ahh...the 0.6% was a calculation just off