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Neither NYT nor the EU is wrong. Elon's companies are, to him, fungible, with employees able to be used in any company, like when Elon borrowed engineers employ
by miltonlost 2y ago
Neither NYT nor the EU is wrong. Elon's companies are, to him, fungible, with employees able to be used in any company, like when Elon borrowed engineers employed at Tesla and SpaceX to work on Twitter when he bought it. These are all separate companies on paper, but Elon treats the workers as interchangeable. He acts as if they are all owned by him, so the EU is treating them as he treats them.
- jdminhbg 2y agoThat’s a good explanation of how Elon is also wrong, I guess, but the NYT or EU is still wrong too.
- marcosdumay 2y agoIf the other shareholder are ok with this behavior, than there's nothing wrong with it. If they complain, it's a very serious crime, he's basically stealing, but if they are don't, than it's not.
- root_axis 2y agoAnd not just the workers, Elon threatened to take all of Tesla's AI stack to xAI if they didn't give him the 55B pay package.
- immibis 2y agoMost countries' company law has a clause that says if you violate company boundaries like this, they're effectively one company. Otherwise you could use this sort of thing to limit your liability well in excess of intended (the primary purpose of company law is to establish carve-outs in which you can perform business with limited liability).