Re:Elon Musk tweet wipes $14bn off Tesla's value
by s5300 on Friday May 01, 2020 @06:17PM
(#23047112)
Looks like somebody beat me to the point... But - a US citizen loses their freedom of speech when they run a publicly traded corp? What do you have to say about the president then...
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Re:Elon Musk tweet wipes $14bn off Tesla's value
by afiori on Friday May 01, 2020 @06:32PM
(#23047219)
The concept of publicly traded companies is multifaceted. In this case the relevant part would be that when you accept the role of a CEO (which I believe Musk is) you take on various levels of liability on part of the investors.
Specifically if a CEO decides to just destroy a company then investor can personally sue him or her.
Overall from what I see the concept of free speech is being misused so much it becomes quite difficult to understand which variant people are referring to.