3 ms·
The legal dispute isn't with Elon Musk (the person) but X (Twitter) However, the judge is punishing Elon (the person) via collateral damage to his other busine
by waihtis 2y ago
The legal dispute isn't with Elon Musk (the person) but X (Twitter)
However, the judge is punishing Elon (the person) via collateral damage to his other businesses
If you can't see any difference here I really can't help you
- threatofrain 2y agoThe problem is that those other businesses aren't really his. There are too many other people on board. They're also not related businesses. It's one of thing if there's a cabal of companies acting in concert to stifle competition, but these companies are as different as they could possibly be. Now stockholders should be asking whether going into Brazil is worth the risk because any major stockholder might be punished for their position in an entirely unrelated company. The answer may be yes, it's worth the risk, but the question should definitely be asked.
- Rinzler89 2y agoCan't the rest of majority stockholder push Elon to comply with Brasilian court rules instead?
- threatofrain 2y agoIt's not just Elon who is punished. It's easier to track exposure to Brazil than exposure to any high level official in a company or stockholder who may be punished for activity in another irrelevant company. Also, imagine we realized that Sundar Pichai also had a major position in Costco. So then we started to crash Costco to make Sundar Pichai direct Google policy. And the stakeholders in both companies who don't care and are just using this as retirement strategy are exposed.
- brunoarueira 2y agoYeah, this is basically a conflict of interest! Force someone to act because something is forced upon another.
- Rinzler89 2y ago>However, the judge is punishing Elon (the person) via collateral damage to his other businesses How else is the judge supposed to punish Elon then, if he doesn't live in Brasil? All the judge can do is go after his assets in Brazilian jurisdiction. Yes, 40% of a company is also an asset in many jurisdictions.
- waihtis 2y agoAre you incapable of differentiating between X (Twitter) the corporate and Elon Musk, the human entity?
- cassianoleal 2y agoYou can differentiate them and still see the relationship. Musk has businesses in Brazil, and needs to comply with local laws. You may agree with the law or not, but you may not claim ignorance of it in order to get away from punishment.
- johnthewise 2y agoWhy is he supposed to be punished personally tho? The matter is with the company, the company should be punished.
- Rinzler89 2y agoBecause I think CEOs should be held accountable for their companies not complying with laws.
- aPoCoMiLogin 2y agoyou are the CEO of ACME company, one of your employee broke a law but in the name of your ACME company, you are going to jail. very shortcoming rhetoric
- Rinzler89 2y ago