lakefiller
Member
What can shareholders do to get him removed? He's cracked. His time is over.I have been saying this for several months since I saw a change in his behavior.
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What can shareholders do to get him removed? He's cracked. His time is over.I have been saying this for several months since I saw a change in his behavior.
Vote him out, as of right now Tesla stock is down to $170 per share.What can shareholders do to get him removed? He's cracked. His time is over.
Ok, forced to resign (and pay personally, along with Tesla Inc. paying penalties) as part of basically a plea deal/settlement for securities fraud claims. (in a civil penalties context). Semantics. He entered essentially the equivalent of an "Alford" plea in a criminal matter (though apparently civil penalties were pursued here), where you don't completely admit your guilt but settle anyway and accept consequences. The vast majority of criminal matters are resolved by settlement (plea deal). That happened here to resolve the matter, with the significant penalties and cost to Tesla, the company. Still not awesome for the company, nor the shareholders is the point.Right, and that's not being "fired" for securities fraud, which he was never found guilty of, hence the settlement.
Resigning from the board is not being fired, it's not semantics it's accuracy. There also wasn't any admission at all, not even a partial one, it was simply a settlement to avoid a drawn out court battle which would have negatively impacted the company. He was just as likely to win the case, a number of lawyers including former SEC members felt the SEC case was weak. I'm no fan of Elon's actions this year but let's not try to rewrite history.Ok, forced to resign (and pay personally, along with Tesla Inc. paying penalties) as part of basically a plea deal/settlement for securities fraud claims. (in a civil penalties context). Semantics. He entered essentially the equivalent of an "Alford" plea in a criminal matter (though apparently civil penalties were pursued here), where you don't completely admit your guilt but settle anyway and accept consequences. The vast majority of criminal matters are resolved by settlement (plea deal). That happened here to resolve the matter, with the significant penalties and cost to Tesla, the company. Still not awesome for the company, nor the shareholders is the point.
Ask yourself this question.... has any of the problems at Tesla been rectified?Oh wow... What's the sudden drop there? What happened?
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I was an EV and Tesla fan before I knew Elon existed. If he's not helping the mission anymore he needs to go.
...it was simply a settlement...the SEC case was weak.
OK, accurate yes. But also semantics in that he engaged in conduct that someone of his intellect and business experience would know would likely lead to problems with the SEC. He rode the edge, and he and the company paid. It is also accurate to say that the man should not be engaging in such conduct that negatively impacts his company and to the company that so many here are shareholders of. It is not responsible conduct. That is also accurate.Resigning from the board is not being fired, it's not semantics it's accuracy. There also wasn't any admission at all, not even a partial one, it was simply a settlement to avoid a drawn out court battle which would have negatively impacted the company. He was just as likely to win the case, a number of lawyers including former SEC members felt the SEC case was weak. I'm no fan of Elon's actions this year but let's not try to rewrite history.
LOL it's car for crying out loud. Are you proud of your refrigerator too? Or how about your toaster?I’m quite proud of my Tesla and last I checked I’m still up on shares.
Many will attest to the same: Likely more than the opposite. By all means though dump your Tesla and TSLA at a loss to get back at EM, that will show him!
Despite Elon's antics (and if you search my post history, I have been critical of his antics for quite some time), I think Tesla still makes the best EVs around and are #1 choice. And because of the Supercharger network, it's the only EV to buy if you plan on road tripping, because all the EV charging networks are totally incompetent.This behavior is making me doubt picking up my Y in January. But I will as it's the best EV around.
Also making me want to sell my stock but I won't.
That is not how it works. CEOs are accountable to their shareholders if they are a publicly traded company.This is simple folks…. If you are so triggered with Musk to the point of having to post your concerns on a Tesla owners forum you should (1) sell any Tesla you might own, (2) cancel any outstanding Tesla orders, (3) don’t use Twitter, and (4) don’t use/cancel any subscription to Starlink.
Yes I kinda wish I sold some when he said he was going to buy Twitter. But that ship has sailed.Hindsight being 20-20, I believe that I really should have seen this overhang coming due to Elon's antics. There's a clear trendline there.
His BOD and major shareholders love him… nickel/dime investors who own Tesla stocks don’t matter.That is not how it works. CEOs are accountable to their shareholders if they are a publicly traded company.
I don't think that's true. They didn't like it yes but they weren't cancelling any contacts.Dont forget that Space X almost lost all of it's Government contracts and Elon almost lost his security clearance due to him smoking pot on the Joe Rogan pod cast
All must worship Musk! To post concerns is heresy!This is simple folks…. If you are so triggered with Musk to the point of having to post your concerns on a Tesla owners forum you should (1) sell any Tesla you might own, (2) cancel any outstanding Tesla orders, (3) don’t use Twitter, and (4) don’t use/cancel any subscription to Starlink.
Fake news… SpaceX is making serious money on government contracts.I don't think that's true. They didn't like it yes but they weren't cancelling any contacts.