Elon at court

Discussion in 'Wall St. News' started by Pekelo, Jan 18, 2019.

  1. mlawson71

    mlawson71

    Let's see what the outcome of this drama would be.
     
    #51     Jul 13, 2021
  2. Turveyd

    Turveyd


    I think in the last 18months, 1 Stage has been used 10times so tick!!

    Boring, has proven to be very boring,why Elon Called it Boring obvs.

    EV's, they need to do small 2 seater city range models, which would suite most 2 car house holds, cheap and huge amount of power to charge, then normal car for longer stuff.

    Or just legalise Electric Skooters we can all zip around on those fast enough around the towns and £400 much cheaper than a car and much less power.
     
    #52     Jul 13, 2021
  3. Pekelo

    Pekelo

    Oh, Elon, never ever change!:

     
    #53     Jul 13, 2021
  4. Pekelo

    Pekelo

    "My favorite part off the suit is that if they get a judgement against Musk, Tesla gets the money.
    I personally don't even get how shareholders can even bring a suit where they stand to gain nothing against the wishes of the company who ultimately is the one who would be paid any winnings.

    If he pays tesla, he can turn around and get a salary or other compensation to get the money back.

    https://www.cnbc.com/2021/07/12/elo...older-lawsuit-over-solarcity-acquisition.html

    If Musk loses, he could have to pay upwards of $2 billion. However, in this case, known as a shareholder derivative action, the suit is filed by investors on behalf of a corporation, rather than the individuals or funds. If the plaintiffs win, proceeds may go to Tesla and not to the stakeholders who brought the suit."
     
    #54     Jul 13, 2021
    mlawson71 likes this.
  5. mlawson71

    mlawson71

    I had no idea about that! It does seem pretty nonsensical, I agree. And odd too.
     
    #55     Jul 16, 2021
  6. Pekelo

    Pekelo

    Full article quoted in the comments:

     
    #56     Jul 16, 2021
    mlawson71 likes this.
  7. mlawson71

    mlawson71

    That's odd, I could not connect to that article at all.
     
    #57     Jul 17, 2021