- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
4
Posted on 2/5/24 at 8:31 am to LSUnation78
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.
Posted on 2/5/24 at 8:45 am to LSUnation78
quote:
Its a publicly traded company, its not a private company.
Semantics confuses a lot of people
Posted on 2/5/24 at 8:52 am to LSUnation78
When is say private it meant not a government entity
Posted on 2/5/24 at 9:28 am to LSUnation78
Publicly traded but not government owned, therefore it is private. CEO compensation is voted on by shareholders but it is only an advisory vote that is non binding. So even if the shareholders voted no, the Board doesn’t have to follow, although unwise.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News