Re:Tesla staff say firm's entire Supercharger team fired
by s1artibartfast on Wednesday May 01, 2024 @07:58PM
(#40231144)
The first time the compensation was approved, it was through shareholder vote with Elon abstaining.
The question raised later was not if the shareholders were adults allowed to approve it, but if the information they were given about the board negotiators had sufficient disclosure.
Inadequate disclosure on paper legally opened the door to questioning if the negotiator of Health fiduciary duty to the shareholders.
My personal opinion is that a different CEO then Elon could not have generated 500 billion dollars of irrational hype. Additionally, I think that if Elon left in 2018, there could have been substantial reputational damage to Tesla.
Negotiations between two parties who both stand to profit heavily are tough. They are tough because Leverage is based on who is more willing to self-destruct and walk away
The question raised later was not if the shareholders were adults allowed to approve it, but if the information they were given about the board negotiators had sufficient disclosure.
Inadequate disclosure on paper legally opened the door to questioning if the negotiator of Health fiduciary duty to the shareholders.
My personal opinion is that a different CEO then Elon could not have generated 500 billion dollars of irrational hype. Additionally, I think that if Elon left in 2018, there could have been substantial reputational damage to Tesla.
Negotiations between two parties who both stand to profit heavily are tough. They are tough because Leverage is based on who is more willing to self-destruct and walk away