Comment by nhinck2
8 hours ago
> What's funny? Do you think the investors are against this? The investor's aren't idiots.
Any proof of that?
8 hours ago
> What's funny? Do you think the investors are against this? The investor's aren't idiots.
Any proof of that?
More than 70% of voting shares supported the package, very close to the level of support in the original 2018 vote. This excludes Musks share.
And consider that this is retroactive, meaning it's backpay. They're literally voting to give the guy $50b for work performed. He has a lot of confidence from his investors. And if there were issues, there would be lawsuits. Ironically the only lawsuits that get brought up, like the one about the pay package, are basically trolls, from a guy that had 9 shares.
Besides the parent is the one making a claim that something not above board is going on so burden of proof is on him.
Finally, it's a private company where Musk is the majority shareholder. He's moving money from one pocket into another, and any moves will be reflected in his attempt to raise money with the IPO coming this year.
Why do people online pretend not to understand?
Nothing in your argument is proof that the investors aren't idiots.
I can't imagine the world view you would have to hold to think that people who manage to command tens of billions of dollars to invest are idiots, just tripped over the money and just go off vibes.
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