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informedamerican.bsky.social
7 posts 15 followers 150 following
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What responsible Corporate Board allows a CEO to wipe out over a trillion $ of shareholder equity in one month? Any other Corporate Board would demand Musk resign as CEO and claw back any previous Executive Compensation he has been awarded.

submitted 10 hours ago • 0 comments

Congratulations to those who chose wisely to liquidate or reduce their holdings in Tesla. Since its peak price in December 2024, Tesla has lost almost US$200 per share. Elon Musk owns over 411 million shares and has taken a hit on his net worth to the tune of about 82 Billion US$.

submitted 11 hours ago • 0 comments