I’d also say unless they’ve had an actual intervention with him that it’d be too soon for anyone.
Without the actual details on what Robyn and his brother said to him, its hard to know. Did they just beg him to stop, or demand he stop or face repercussions? (Edit: Maybe the full details are in the book, I haven’t read it, just the commentary on it)
Even a normal majority shareholder CEO would be in the disciplinary seat, heck even the lawsuit defendant seat, much sooner if they tried to pull what Elon Musk did. It is literally illegal to knowingly act against the interests of your shareholders, something Elon did time and time again.
Edit: looks like that difference is twitter but the timeline seems weird. He’s still the top individual or group holder with 411m shares.
Sorry, fair enough. He’s the TOP individual or group shareholder.
I think he might have gotten more shares since your number, or this number is after twitter, but it says 20.6% by March 2023
1. Elon Musk
According to Tesla’s 2022 Annual Report, Tesla’s CEO and founder, Elon Musk, owns 715.022 million shares, accounting for 20.6% of the 3.169 billion outstanding shares as of the end of March 2023, unchanged from the end of December 2022. That makes Musk Tesla’s biggest shareholder.
I mean if it was literally any other CEO, especially one without a majority share in the company, they’d be out on third strike. Elon is on strike 6
Strike 6 for this year so far
Sure, but he is a majority share holder.
I’d also say unless they’ve had an actual intervention with him that it’d be too soon for anyone.
Without the actual details on what Robyn and his brother said to him, its hard to know. Did they just beg him to stop, or demand he stop or face repercussions? (Edit: Maybe the full details are in the book, I haven’t read it, just the commentary on it)
Even a normal majority shareholder CEO would be in the disciplinary seat, heck even the lawsuit defendant seat, much sooner if they tried to pull what Elon Musk did. It is literally illegal to knowingly act against the interests of your shareholders, something Elon did time and time again.
But has he been in the disciplinary seat? I whole heartedly agree he should have been by now.
But if they haven’t, he’s technically at strike 0
This is a failure of the board as much as it is a musk problem.
Hes not the majority shareholder. He has 13%, not 51%.
Edit: looks like that difference is twitter but the timeline seems weird. He’s still the top individual or group holder with 411m shares.
Sorry, fair enough. He’s the TOP individual or group shareholder.
I think he might have gotten more shares since your number, or this number is after twitter, but it says 20.6% by March 20231. Elon MuskAccording to Tesla’s 2022 Annual Report, Tesla’s CEO and founder, Elon Musk, owns 715.022 million shares, accounting for 20.6% of the 3.169 billion outstanding shares as of the end of March 2023, unchanged from the end of December 2022. That makes Musk Tesla’s biggest shareholder.