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re: A Deleware judge voids Elon Musk’s $56 billion Tesla compensation

Posted on 1/30/24 at 7:29 pm to
Posted by OceanMan
Member since Mar 2010
23195 posts
Posted on 1/30/24 at 7:29 pm to
quote:

It’s an inevitability for sure. Most likely will take another 30-50 years. Maybe more maybe less. So not really a matter of support or not.


Non responsive answer.
Posted by udtiger
Over your left shoulder
Member since Nov 2006
115307 posts
Posted on 1/30/24 at 7:37 pm to
quote:

Tesla's value ballooned to briefly top $1 trillion in 2021 from $50 billion when the package was negotiated


Seems like the deal worked out
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30434 posts
Posted on 1/30/24 at 7:49 pm to
quote:

Any corporate officer that allows their company to be incorporated in Delaware,


There is a reason over 2/3rds of F500 companies are incorporated in DE and it isn't because they are stupid.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
41042 posts
Posted on 1/30/24 at 7:54 pm to
quote:

Non responsive answer.


I don’t really support or not support. It’s just an inevitability. I guess if you put a gun to my head I would say support simply because it would be fruitless to “support” a reality that won’t exist. Even still, while inevitable eventually it’s still entirely possible that we won’t be “ev only” in my lifetime so it’s honestly whatever to me.


And I’m in O&G.


And I don’t think those who do or don’t support an ev only future are stupid or evil, like you.
Posted by billjamin
Houston
Member since Jun 2019
18016 posts
Posted on 1/30/24 at 7:55 pm to
quote:

There is a reason over 2/3rds of F500 companies are incorporated in DE and it isn't because they are stupid.

Are you implying that I shouldn’t disregard my advise from Baker Botts to listen to a guy on TD?
This post was edited on 1/30/24 at 8:22 pm
Posted by boosiebadazz
Member since Feb 2008
85575 posts
Posted on 1/30/24 at 8:10 pm to
quote:

Any corporate officer that allows their company to be incorporated in Delaware


give us 3-4 cogent thoughts on why you think that
Posted by Pax Regis
Alabama
Member since Sep 2007
15270 posts
Posted on 1/30/24 at 8:31 pm to
More democrat lawfare bullshite.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62211 posts
Posted on 1/30/24 at 8:46 pm to
He just gives off the total creepy vibe + his interviews = Bond Villain

(like modern Daniel Craig Bond Villain, not campy Roger Moore Bond Villain)

When Tesla autos get slammed with the #2 most privacy invasive software in the world you should take notice. It is like Facebook, would never use it because the creepy stalker nature of the owner, why would I ever support their product, especially when it exists to invade my privacy.

My old man and my uncles did not fight the Krauts and Japs to support that nonsense in the US of A.
Posted by Scuttle But
Member since Nov 2023
1301 posts
Posted on 1/30/24 at 8:54 pm to
quote:

It’s an inevitability for sure. Most likely will take another 30-50 years. Maybe more maybe less. So not really a matter of support or not.


The people who are saying it isn't an inevitability are the same people who thought people would be riding horses forever and cars were just a fad. Also the internet and cell phones are just novelties.
Posted by Penrod
Member since Jan 2011
55431 posts
Posted on 1/30/24 at 9:00 pm to
quote:

It is pretty unfathomable

What’s unfathomable to me is what that man has accomplished!
Posted by OceanMan
Member since Mar 2010
23195 posts
Posted on 1/30/24 at 9:38 pm to
quote:

I guess if you put a gun to my head I would say support simply because it would be fruitless to “support” a reality that won’t exist.


That was the corner you were trying to paint others in, but I guess it’s nice for you that you get to have a nuanced opinion.

quote:

Even still, while inevitable eventually it’s still entirely possible that we won’t be “ev only” in my lifetime so it’s honestly whatever to me.


It’s not whatever to you, clearly. So soft lol frfr

quote:

And I don’t think those who do or don’t support an ev only future are stupid or evil, like you.


Well since you just tore apart your own premise of “supporting an EV only future”, I’m glad you found a way back to your preconceived feelings about people critical of EVs. You are projecting, and you aren’t even smart enough to understand it.

quote:

And I’m in O&G.


And you don’t understand your industry.
Posted by OceanMan
Member since Mar 2010
23195 posts
Posted on 1/30/24 at 9:43 pm to
quote:

The people who are saying it isn't an inevitability are the same people who thought people would be riding horses forever and cars were just a fad. Also the internet and cell phones are just novelties.


But who is saying this? The argument revolves around why and how it is clearly becoming an inevitability. It’s the whole point.

There are major functional issues by forcing adoption, it’s as clear as day. Trust markets, not politicians.
Posted by Byron Bojangles III
Member since Nov 2012
52274 posts
Posted on 1/31/24 at 12:04 am to
quote:

Salty.
I'm not salty I'm not the one who just got denied 56 billion
Posted by imjustafatkid
Alabama
Member since Dec 2011
65740 posts
Posted on 1/31/24 at 12:10 am to
quote:

The people who are saying it isn't an inevitability are the same people who thought people would be riding horses forever and cars were just a fad. Also the internet and cell phones are just novelties.


Vehicles were an immediately obvious improvement over horses.

EVs aren't an improvement at all over gas powered vehicles yet.
Posted by Auburn80
Backwater, TN
Member since Nov 2017
10007 posts
Posted on 1/31/24 at 12:29 am to
quote:

ETA: I don't have an opinion on the outcome, but corporate governance and executive pay in this country is a fricking joke and I'm an executive.


I agree with this. The good ole boy club all join each others boards and approve ridiculous payment arrangements. Much like what Congress does. Then it becomes the market rate.

Elon may be worth his pay, but a lot of CEO’s are not and many have done major damage to their companies. Yet when they are fired they walk away with millions.
Posted by MrLSU
Yellowstone, Val d'isere
Member since Jan 2004
29730 posts
Posted on 1/31/24 at 12:36 am to
quote:

There is a reason over 2/3rds of F500 companies are incorporated in DE and it isn't because they are stupid.


Well this decision will do two things: (1) Delaware will lose its corporate incorporation flag and (2) more companies will go private thus hurting the entire stock market system.
Posted by GeauxLSUGeaux
1 room down from Erin Andrews
Member since May 2004
25670 posts
Posted on 1/31/24 at 1:11 am to
quote:

I'm not salty I'm not the one who just got denied 56 billion


You’re a little bitch who says frick a guy who just disagrees with your woke arse politics. Stay mad, groomer.
Posted by nugget
Abrego Garcia Fan
Member since Dec 2009
15731 posts
Posted on 1/31/24 at 3:45 am to
quote:

but corporate governance and executive pay in this country is a fricking joke and I'm an executive.


Don’t trying and deceptively compare yourself to the executive pay scales people are talking about. You’ve shared on the golf board what clubs you were interest in, and they were executive clubs.
Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
62211 posts
Posted on 1/31/24 at 4:29 am to
quote:

Vehicles were an immediately obvious improvement over horses.


Says you!


Horses were eco friendly and fuel efficient, women were not allowed to drive (no vote)

Autos are not eco friendly and ushered in women's suffrage and the vote


quote:

EVs aren't an improvement at all over gas powered vehicles yet.


The truth is obvious if you pay attention.

#1 All electric are fine for short distance daily drive (recharge overnight)

#2 All electric are fine for 2 seat runabouts. If you want a SUV it can not be all electric as you can not alter the rules of physics. The bigger the vehicle, the bigger the battery to run it HAS to be.

#3 The special metals needed to actually build EV's all exist outside the US borders and the known total global supply would only allow building about 1% of the needed vehicles for global demand

#4 The "plug" that actually puts the electricity in the EV is still almost 100% fossil fuels (oil, nat gas, coal) so until you flip that, EV's for the masses are not gonna happen in your lifetime.
Posted by Obtuse1
Westside Bodymore Yo
Member since Sep 2016
30434 posts
Posted on 1/31/24 at 5:20 am to
quote:

#4 The "plug" that actually puts the electricity in the EV is still almost 100% fossil fuels (oil, nat gas, coal) so until you flip that, EV's for the masses are not gonna happen in your lifetime.


Without breaking down all 4 of your points I would make note that this point is accurate IF you consider 60% to be almost 100%.
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