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I've suffered some doozies from this company over the years but I've never felt worse about the leadership of it than I do right now. I was willing to overlook a submissive board during the good times, but now it's time to pay the piper.
so does this mean Elon gets sued and will lose most of his 20-something percent ownership of tesla, as well as permanent removal as ceo, if he's even a tesla employee?
Just chill out people and remember that ~1 year ago the stock price was ~$200 and some thought the sky was falling. Tesla's always been a twofer--you get entertained as you get rich (if you hold long term and don't panic)...
If I want to be entertained I will watch a movie. There is no excuse for this as people are going to get hurt .... shareholders who believe in TESLA and have put their money into this company deserve better than this. Period.
But they're not. He's actively undermining the folks in his corner this time. Really unprecedented in that there's no rational defense this time around.