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2 yr. ago

  • Being a shareholder at all is sufficient standing to sue for a corporation's executives violating its charter.

    Yes but it's harder to prove damages when a minority holder complains abd the majority claims everything is peachy

  • Good luck with that. Americans couldn't bother voting when it was "easy", try getting special ids now that cost money and the gov is dismantled so everything will take forever

  • The survey conducted between March 9 and March 11 found that 49 percent of people over 65 approved of Trump's performance as president, while 48 percent disapproved, giving him a net approval rating of +1.

    The same survey conducted between March 16 and March 18 found his net approval rating had dropped by 10 points to -9. In that survey, only 45 percent of people over 65 approved of the job Trump was doing, while 54 percent disapproved.

    45% still approve. Isn't that higher than his lowest point last time?

    It doesn't matter anyway, he does not need to be popular to do whatever he wants

  • Didn't they easily find 10 to continue funding this madness WHILE attaching even more destructive stuff to the bill?

    The democrats will fall neatly inline

  • I know, I never said anything specific about a class action lawsuit.

    My point is that Musk has been acting terribly for a LONG time and not too long ago the board was bending over backwards to gift Musk 56 billion dollars... there is no wherewithal in this company to go against Musk

  • Brother, the Tesla board fought to give Elon 56 Billion dollars and nobody raised an eye brow... Do you really think they can touch him now?

    The best thing that would happen here is that Musk behaviour will destroy Tesla, Musk's own power which is entirely derived from money would crumble, and THEN maybe some people would want to kick the dead horse

  • OK, this new take you bring is a far departure from your original "all companies must maximize profit" original claim

    Having said that I still think you are mising 2 key points:

    • Musk and his circus control the vast majority of teslas shares so I doubt anyone else can actually bring a law suit against him
    • There is no rule of law in America anymore. If there was, Musk would have been in jail a while ago.
  • The CEO and all board members of ANY corporation are legally obligated to maximize profits for the shareholders

    No, they are not. I can't believe we are still repeating that BS. If this were the case, no board would pay CEO so much when it's clearly unjustified

    https://www.nytimes.com/roomfordebate/2015/04/16/what-are-corporations-obligations-to-shareholders/corporations-dont-have-to-maximize-profits

    Tesla's board is filled by psychophants and actual musk family... They recently were pushing to pay him 56 BILLION dollars for his efforts (talk about maximising profit for shareholders...)

    The time to get rid of Musk quietly was about 5 years ago. Now the harm is done, he can quit all he wants but people won't buy these shitty cars because they are objectively inferior compared to competition, people hate Musk around the world and nobody would want Elon to benefit from his stock

  • Is this the trump derangement syndrome I keep hearing about?

  • Ptffff PPE is woke

  • According to her, the first term was great

    So she is either alien to the concept of math or another "fuck you, got mine" psycho who got lucky

  • I wouldn't take one for free

  • General strike, now!

  • That only works if things recover... The way trump is doing it, recovery is highly sus

  • You do realize this dream scenario, should it spring into reality, only puts Schummer in charge again?

  • At this point, believing any of trump's promises is skin to complaining John Wick 4 has no plot

  • So it's still 7D chess

  • That's actually exactly how a democratic republic works.. Why you think that's not the case is a little concerning.

    Lol you really need these universities, maybe someday you'll get to attend one of them

  • Not that it matter to trump one bit...

    However, as a Canadian, this matters to me a lot:

    trump's approval rating currently stands at 47 percent

    This maybe be slightly under half (barely past the error margin of the poll)... but it tells me Americans did get the government they wanted

  • Fine, give him your baby to experiment then