Started By
Message

re: Cathy Wood Rips the Delaware Court Finding Voiding Musk's $56B TSLA Compensation

Posted on 2/5/24 at 8:31 am to
Posted by FlyingPelican
St. George (someday)
Member since Sep 2021
162 posts
Posted on 2/5/24 at 8:31 am to
quote:

Its a publicly traded company, its not a private company.

You too are missing a vital distinction. Tesla may be publicly traded, it is not a nationalized company.

While Tesla may be traded through a public exchange, the shares are held by the private sector (individuals and corporations--and don't try to weasel in an exception for government sector retirement plans).

The federal judge may be able to squash the compensation package for the CEO of Amtrac or the USPS (quasi-public entities), a corporation (like Tesla) doesn't become a subsidiary of the US Government just because the stock is traded on the NYSE or NASDAQ.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram