Elon Musk's Pay Package and the Threat to the Delaware Corporation

Bearish:

• $TSLA - Concerns about corporate governance issues at Tesla, including conflicted board transactions and lack of independent oversight in major decisions

  • “The problem here was that the unconflicted board members were not unconflicted. So they were all like, he stocks Tesla's board with people who are basically his bestest buds.”

    Ann·24:22

  • “Elon Musk was on both sides of that transaction. He's on the board of Tesla, and he's on the board of and running SolarCity. And so Tesla is using its resources to buy out Elon Musk's company. So that's a classic conflict transaction.”

    Ann·21:16