Already a lot of companies have been moving after this. ALL THE vcs feom thr All In Pod said they are moving all thier companies out of Delaware.
More will follow.
The reality is Delaware decided to give the CEO no pay, and in turn hurt the shareholders by paying what is likely thr largest ever award to a law firm.
And who pays for it? The shareholders when tesla has to pay them an enormous amount of money.
All over 1 person who had 11 shares, granted they were a puppet
> The reality is Delaware decided to give the CEO no pay, and in turn hurt the shareholders by paying what is likely thr largest ever award to a law firm.
> And who pays for it? The shareholders when tesla has to pay them an enormous amount of money.
For the time being it saved the company 50billion, which is almost 10% of the value of the company. I don't believe that the law firm is getting anywhere close to that so yea, the court saved money for the shareholders. How is that hurting the shareholders?
They said they're moving. That's different than "have moved". Talk is cheap and kneejerk reactions are simple. Let's see in a month if anyone still remembers about it. Especially after they run that past their lawyers/accountants...
This is an utterly insane take that frankly, couldn't be more inconsiderate of reality. Such a meaningless unimportant bit of news that no serious individual needs to pay any mind to
More will follow.
The reality is Delaware decided to give the CEO no pay, and in turn hurt the shareholders by paying what is likely thr largest ever award to a law firm.
And who pays for it? The shareholders when tesla has to pay them an enormous amount of money.
All over 1 person who had 11 shares, granted they were a puppet