The ongoing Elon Twitter saga: "insert demographic" melts down

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It was a point you raised for some reason, and then couldn't quote a source for, and then turned back on me into some insult about how I didn't know how start ups worked? :cry:

Eh? It was a direct question to you that you're dodging re: the basis for your position. You're squirming now as you know your positon is just based on these two guys having formed the legal entity and that's it... otherwise, you'd have said so.

The Tesla propulsion tech itself is a modified version of ACs. It isn't known if the Mule had AC version or Tesla modified version. Source: your own link.

Kinda missing the point there, the Tesla tech was developed afterward, they were originally working with AC Propulsion tech, what ended up inside the prototype isn't relevant to that point.

There was no "divine intervention" of being put together (your words).

Yes there was, Elon enquired about commercialising the tZero and was then informed about the other guys wanting to do the same:

Musk said he asked the team, "If you're not going to commercialize the tZero, do you mind if I do it?" The team said yes, and introduced Musk to another group looking to do the same: Tesla Motors' Martin Eberhard, Marc Tarpenning, and Ian Wright.

that they'd met before or that they wanted to have Elon's money or whatever else you're going to throw in is all tangential to that, they both wanted to develop a commercial EV after seeing AC Propulsion's tech and that's what put them together, they had the same goals.

So your position which you're shying away from re: the registered entity is completely moot, there was no product or IP at that stage, the five of them founded it together (well one of them dropped out very early on but he's still counted).
 
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Eh? It was a direct question to you that you're dodging re: the basis for your position.
You have raised several random points with no sources --- I have no idea why?? I have made my position clear.


Kinda missing the point there, the Tesla tech was developed afterward, they were originally working with AC Propulsion tech, what ended up inside the prototype isn't relevant to that point.
What was your point? It was just some random link to Tesla Mule 1 containing nothing Elon made, with a picture of *one of the true founders in the driver/passenger seat, and Musk not present at all. What point were you making??

that they'd met before or that they wanted to have Elon's money or whatever else you're going to throw in is all tangential to that, they both wanted to develop a commercial EV after seeing AC Propulsion's tech and that's what put them together, they had the same goals.
Ah just good fortune that Elon was minted and randomly chase 2 soul mates on this journey vs. being invited to the party because he had a tonne of money to invest and the original founders already knew which way was up. :cry: :cry: :cry:

Yes there was, Elon enquired about commercialising the tZero and was then informed about the other guys wanting to do the same.
The other guys wanted to launch a car using an existing chassis retrofitted with batteries. That isn't the same thing as commercialising tZero. They already had connected with Lotus and had plans underway. Musk was invited because he had money and they already knew him. The founders reached out to Musk for his money.

So your position which you're shying away from re: the registered entity is completely moot, there was no product or IP at that stage, the five of them founded it together (well one of them dropped out very early on but he's still counted).

That wasn't my position nor the premise of any of this discussion. You got confused along the way. You also said that start ups don't need any IP or product, so not sure why you keep bringing that up again.
 
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OG FOUNDER

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There's no "guilty", he's not a criminal lol. He's achieved incredibly lofty goals then been told at the end of it by a Judge he can't have his compensation because a guy who bought 9 shares worth $1700 took him to court.
 
Being serious here for a minute
The board of directors, all of them, have as their primary duty the interests of the shareholders, no matter if that is 1 share or 10% of the shares
As such they should (via remuneration setting) create an environment where executive pay and performance are linked to maximise that shareholder value

As such offering packages that are basically unlimited do not do a good job of ticking that box.
I mean who would expect someone receiving $10M of shares to work any less hard than if their potential package was $100M, or $1BN
 
Meanwhile, another day, another L for the petulant man child.

I wonder if he can appeal that verdict in any way as i imagine he could do with the cash....

Seems like there's some issues with Judges in America at the minute, perhaps all under some political influence or something.
Why do you always try and shoehorn your political conspiracy theories in a thread about Twitter?

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yOuR iDoL. Good one man, nice thread contribution.
I lOsT iNtErESt iN tHiS tHrEaD

Is as good.

Adding in conspiracy theory too.

And you know what, he can post how he wants, okay? Remember when you said that yesterday as a reply to why you're moaning about what you think are poor not smart people are saying about someone who you think is smart and super rich.

In reality, a judge judged the evidence and it didn't favour daddy elon. It's as simple as that. Elon will cry himself to sleep with his other 150 billion notes.
 
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Being serious here for a minute
The board of directors, all of them, have as their primary duty the interests of the shareholders, no matter if that is 1 share or 10% of the shares
As such they should (via remuneration setting) create an environment where executive pay and performance are linked to maximise that shareholder value

As such offering packages that are basically unlimited do not do a good job of ticking that box.
I mean who would expect someone receiving $10M of shares to work any less hard than if their potential package was $100M, or $1BN

The shareholders voted overwhelmingly for it and he delivered, it was target-driven compensation. And as for the last line, forget work as hard, perhaps he'd not have even stuck around and they'd have gotten to be nowhere near as successful as they are today.
 
So who got the sim card stuck in his noggin then, and do we actually believe that celebrity fiction author Musk?

Hmmmmm, my spidey senses are tingling.

Maybe it's @Roar87, he's fully succumbed to the dude once and for all.
 
Being serious here for a minute
The board of directors, all of them, have as their primary duty the interests of the shareholders, no matter if that is 1 share or 10% of the shares
As such they should (via remuneration setting) create an environment where executive pay and performance are linked to maximise that shareholder value

As such offering packages that are basically unlimited do not do a good job of ticking that box.
I mean who would expect someone receiving $10M of shares to work any less hard than if their potential package was $100M, or $1BN

He took the value of Tesla from $60bn to $600bn, you don't think that's good value for money for a share holder? lmao

If you pay me £55 I'll take your £60 and turn it into £600, you think that's not maximising share holder value?
 
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He took the value of Tesla from $60bn to $600bn, you don't think that's good value for money for a share holder? lmao

If you pay me £55 I'll take your £60 and turn it into £600, you think that's not maximising share holder value?
He's in the process of losing them money with every utterance so the shareholders are well within their rights to question his worth as a result.
 
All sounded similar to Keirs relaxation of the bankers bonuses - boards/renumeration commitees allocated retrospectively large stock/money packages -
if they have means to ensure the gains they contributed too are sustainable (with claw back, if necessary) then I don't have too much vitriol ..
unlike the water board boss, or some of rail franchisees.
 
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