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A comment on Tesla's biggest retail shareholder is voting against Elon Musk's $55B package. Parent comment

Re:Tesla's biggest retail shareholder is voting against Elon... by refurb on Monday April 22, 2024 @01:58AM (#40111734)
LOL, how do you "exaggerate" a 20x increase in share price? The creation of $500B in company value?

"God dammit Elon, you never told us how easy it was to take a near-bankrupt company and turn it into a $650B enterprise!"

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Re:Tesla's biggest retail shareholder is voting against Elon... by croes on Monday April 22, 2024 @02:32AM (#40111877)
Ask the judge, her verdict is

>the Grant’s performance conditions were not, in fact, ambitious and difficult to achieve.

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Re:Tesla's biggest retail shareholder is voting against Elon... by refurb on Tuesday April 23, 2024 @02:19AM (#40129049)
It’s a weird read.

On one hand the judge admits the company was teetering on insolvency, and one of the most shorted stocks, then turns around and says generating $600B in company value was “not ambitious or hard to achieve”.

She also questions whether Elon was really necessary to the performance of the company.

[ Parent | on HN ]