3 ms·

I'm not a company law expert. But IMO such actions would not be legal in the EU.

• me_me_me 2y ago
  Its not legal anywhere. A publicly traded company is not your property. Its a legal entity. You cannot exchange any value between two just because you are majority owner of both. Otherwise elon with 51% could start Zesla (own 100% of it) and transfer all assets from Tesla to Zesla.
  • practicalrs 2y ago
    The value of the hardware is around $360 million. What can he get for acting to the detriment of the company in the US?
    • Zigurd 2y ago
      Evidently he can get a $50B payout