Delaware Judge Rules Against Elon & Tesla

in WildWest Politics Board

So much for shareholders rights and votes.

Fyi lead plantiff in case owns 9 tesla shares. Is it BigBalls? 🤔

6 comments

6 Comments

Daystalker

Dec 03

BigBallss going HAM.

Java

Dec 03

Could or should be me. Elon runs that board like it’s his own personal lemonade stand. He doesn’t need a $50 billion compensation package. He has no special talent at this point that Tesla needs that much

Onikoroshi

Dec 03

Replying to

just think, you could buy nine shares in a company, get your attorneys awarded $345mm or so in fees by an activist judge and have an agreement with them, that they will pay you only 30% for representing you

Just think of the fees that a company like Berkshire Hathaway might payout for being run like Buffett's personal lemonade stand

rinse and repeat, Exxon, BofA, ...

edit: maybe you even let the judge fly to Tahiti on your private jet a couple times a year?

Edited

Pasadena Trojan

Dec 03

Replying to

troystory

Dec 03

Lawfare is not just for politicians

Pasadena Trojan

Dec 03