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The shareholders certainly did not get their money's worth. Yes, Tesla did well, but that's not what the shareholders purchased, what the shareholders purchased
by gpm 3y ago
The shareholders certainly did not get their money's worth. Yes, Tesla did well, but that's not what the shareholders purchased, what the shareholders purchased was Elon as CEO - something that by all evidence presented was available for free. Moreover they did so after being deceived by a board (unbeknownst to them) controlled by Elon.
Elon tried to scam them out of his money, he failed. I wouldn't want to invest in a company in a state where this sort of scam would succeed.
- rpmisms 3y agoThe shareholders purchased Tesla stock at $18, and voted on Elon getting a ton of money if he made them a ton of money. That's the representation that matters here, and it turned out extremely accurate.
- deleted 3y ago[deleted]