Green Pete
Active Member
There is nothing to prevent Musk from sharing his shares with impacted employees. Just a thought.
I half agree. Musk will spend the rest of his life attempting to claw back % of existing shares back to personal ownership, not for dollar value but for voting rights. He resents having to deal with earnings calls and short term outlook
I say this as an investor who loves this. Frankly my personal gains on Tesla as an investment disgust even me. And I will continue to invest and try to make a positive impact in the world as a result of my windfall. But musk hates this *sugar*. He's rather triple his employees salaries than shell out more shares. And I fully believe if he felt like it would NOT HURT telsa to triple his line workers salaries he would do so. The problem is Tesla needs a goog and googl split. When telsa has class c non voting shares musks true humanity and character will become fully apparent. I don't think that will happen for a decade more though. For no reason other than the markets won't like it, and of the markets don't like it it hurts the stock, which hurts the balance sheets which hurts the employees short term. That day Tesla can issue non voting shares being a Tesla factory line worker will be the best manual labor Job ever in the past, and potentially ever in the future