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no_hypocrisy

(54,285 posts) Wed Apr 2, 2025, 08:52 AM Apr 2025

Unless Musk owns 51+ percent of Tesla stock, I don't understand

why the Board of Directors and/or shareholders haven't voted him out of leadership. He's ruining the brand and the value of the stock. Unless it's like TSF and they're afraid of him.

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Unless Musk owns 51+ percent of Tesla stock, I don't understand (Original Post) no_hypocrisy Apr 2025 OP

Some little fanboys run around reminding everyone that Tesla stock is "way up" from last year anyway Prairie Gates Apr 2025 #1

With a PE of 125, more competition arriving, plus the base of his buyers JohnSJ Apr 2025 #3

Probably has dirt or can just financially retaliate against the Board members. Investors can vote out the Board though. dutch777 Apr 2025 #2

In many big companies, someone -- or even a group of investors -- owning as little as 5% or 10% can control the Board. Silent Type Apr 2025 #4

too late markie Apr 2025 #5

Prairie Gates

(7,196 posts)

1. Some little fanboys run around reminding everyone that Tesla stock is "way up" from last year anyway

Reply to no_hypocrisy (Original post)

Wed Apr 2, 2025, 08:55 AM

Apr 2025

Etc.

Meanwhile, deliveries came in significantly under estimates, and it is hard to deny that the brand has taken on some pretty toxic water since Elon started his political hobby / side project.

JohnSJ

(98,883 posts)

3. With a PE of 125, more competition arriving, plus the base of his buyers

Reply to Prairie Gates (Reply #1)

Wed Apr 2, 2025, 09:08 AM

Apr 2025

are environmental conscious folks which he has trashed, good luck trying to get his NASCAR magas jumping on board to buy his cars.

dutch777

(4,880 posts)

2. Probably has dirt or can just financially retaliate against the Board members. Investors can vote out the Board though.

Reply to no_hypocrisy (Original post)

Wed Apr 2, 2025, 08:58 AM

Apr 2025

But there is this mad belief by many that eLoon is a genius and all will be right and his investors will get rich alongside him. As much as I hate to give him credit, and I know he has not done it alone, but what he has done with getting Tesla, SpaceX and Starlink where they are is quite a series of industrial accomplishments. Somehow he has attracted the best and brightest and they are willing to work very hard to make those ideas become reality.

Silent Type

(12,412 posts)

4. In many big companies, someone -- or even a group of investors -- owning as little as 5% or 10% can control the Board.

Reply to no_hypocrisy (Original post)

Wed Apr 2, 2025, 09:25 AM

Apr 2025

But I have read several times of Tesla stockholder groups considering minority stockholder actions against Musk.

markie

(23,849 posts)

5. too late

Reply to no_hypocrisy (Original post)

Wed Apr 2, 2025, 09:26 AM

Apr 2025

Tesla will forever be tied to the Elon name

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