Upwards of 80 Teslas were damaged at a dealership on the Hamilton Mountain, police said. It's believed to be the largest vehicle vandalism reported in Canada against the U.S. company, which has been targeted since U.S. President Donald Trump appointed Tesla CEO Elon Musk to oversee DOGE.
  • bstix@feddit.dkEnglish
    7·
    4 months ago

    Yes, he’d still be a large shareholder

    If they fire him, he would sell. This would tank the stock value.

    They’re damned if they do and damned if they don’t.

    • ripcord@lemmy.worldEnglish
      101·
      4 months ago

      The stovk price is also all vibes based around him.

      Edit: he wouldn’t sell, though. He couldn’t sell that much. He also has a bunch of loans leveraged against his stock aa collateral. Those collapse if the stock price collapses.

    • PersnickityPenguin@lemm.eeEnglish
      2·
      4 months ago

      His family members and deep associates are on the board, they voted to pay him $55 billion. They’re all corrupt.

    • AA5B@lemmy.worldEnglish
      1·
      4 months ago
      1. Large shareholders can’t just sell. There are rules to prevent stock manipulation
      2. He’d be the first victim of tanking the stock. Not in his best interest
      3. He can’t sell any shares used for collateral