Walmart sues Tesla over fires at stores fitted with its solar panels

Re:Walmart sues Tesla over fires at stores fitted with its s... by perl4ever on Tuesday August 20, 2019 @08:07PM (#20753501)

Isn't the largest shareholder Vanguard, by far? My impression based on a cursory Googling is that Vanguard has about 130 million shares, whereas the largest individual shareholder, Jim Walton, only has about 10 million.

In fact all of the top 10 shareholders of Walmart have more shares (>10M) than any of the Waltons, it appears:

The Vanguard Group, Inc.

SSgA Funds Management, Inc.

BlackRock Fund Advisors

Fidelity Management & Research Co

Geode Capital Management LLC

Northern Trust Investments, Inc.

State Farm Investment Management

Wellington Management Co. LLP

T. Rowe Price Associates, Inc.

Dimensional Fund Advisors LP

So maybe you should look at whatever the interests of the index fund providers are, and who runs them.

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Re:Walmart sues Tesla over fires at stores fitted with its s... by markrote on Tuesday August 20, 2019 @08:58PM (#20753767)

Lukas Walton owned 21% as of the start of the year, more than 3x Vanguard which owns 6.62%. I don't know about the rest of the Walton family - at one point the entire company was Walton owned - but that's nearly $1.5B owned by the company's "Significant Shareholder". I have no idea about the merits of this case but one should note that it's not uncommon for competing companies to sue each other.

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Re:Walmart sues Tesla over fires at stores fitted with its s... by perl4ever on Tuesday August 20, 2019 @09:45PM (#20753955)

"Lukas Walton owned 21% as of the start of the year"

Are you sure about that? Do you have an authoritative source?

I get zero hits for Lukas among Wal-Mart shareholder disclosures on sec.gov. Jim Walton, by contrast, does show up.

Also, Wal-Mart is trading for about $320B, so $1.5B is more like half a percent than twenty percent.

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Re:Walmart sues Tesla over fires at stores fitted with its s... by elithrar on Tuesday August 20, 2019 @11:28PM (#20754350)

The parent is inferring that Lukas owns a non-insignificant stake of First Solar, a quasi-competitor of Solar City/Telsa, not Walmart themselves.

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Re:Walmart sues Tesla over fires at stores fitted with its s... by dgacmu on Tuesday August 20, 2019 @11:38PM (#20754385)

They're referring, I believe, to the ownership of FSLR: https://finance.yahoo.com/quote/FSLR/ And Walton is at 21%: https://m.marketscreener.com/FIRST-SOLAR-INC-37008/company/

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Re:Walmart sues Tesla over fires at stores fitted with its s... by perl4ever on Wednesday August 21, 2019 @08:06PM (#20763306)

Ok, sure, but I've lost the thread here. Walton sounds like Walmart, and so does Wall Street and walrus. And this means...?

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Re:Walmart sues Tesla over fires at stores fitted with its s... by microtherion on Tuesday August 20, 2019 @10:36PM (#20754135)

And Forbes lists Lukas' net worth at $17.6B, so unless he has a ton of other debt, he cannot possibly own more than about 5% of Wal-Mart.

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