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Re:Tesla says it lost “hundreds” of orders after New York Ti... by hvs on Monday February 25, 2013 @04:18PM (#5281868)
And, as you intimated, a CEO has a fiduciary responsibility to the board and stockholders. Doing something that you know is going to have negative consequences for your company could be seen as failing to do honor that responsibility.
Re:Tesla says it lost “hundreds” of orders after New York Ti... by _delirium on Monday February 25, 2013 @04:22PM (#5281902)
The fiduciary duty is taken pretty broadly and with a long-term perspective, however; courts don't generally second-guess strategic decisions. For example, Musk could plausibly argue that the company's long-term reputation with its target audience depends on being seen as brusquely honest. A court is typically not going to get into trying to determine if that's true or not.