this post was submitted on 20 May 2024
232 points (93.9% liked)

Electric Vehicles

3219 readers
125 users here now

A community for the sharing of links, news, and discussion related to Electric Vehicles.

Rules

  1. No bigotry - including racism, sexism, ableism, homophobia, transphobia, or xenophobia.
  2. Be respectful, especially when disagreeing. Everyone should feel welcome here.
  3. No self-promotion
  4. No irrelevant content. All posts must be relevant and related to plug-in electric vehicles — BEVs or PHEVs.
  5. No trolling
  6. Policy, not politics. Submissions and comments about effective policymaking are allowed and encouraged in the community, however conversations and submissions about parties, politicians, and those devolving into general tribalism will be removed.

founded 1 year ago
MODERATORS
Sunshine@lemmy.ca
232
Elon Musk confirms his threat: give me 25% of Tesla or you don't get AI and robotics (electrek.co)
submitted 5 months ago by sabreW4K3@lazysoci.al to c/evs@lemmy.world
58 comments fedilink hide all child comments
 

Are we sure this isn't illegal? It seems illegal

you are viewing a single comment's thread
view the rest of the comments
[–] voracitude@lemmy.world 96 points 5 months ago* (last edited 5 months ago) (1 children)

It's so illegal I think it might even be sufficient to pierce the corporate veil and charge Musk directly with attempted blackmail. I mean, that's what he's trying to do - blackmail and extort Tesla shareholders.

[–] jqubed@lemmy.world 62 points 5 months ago

It only took one shareholder to sue and invalidate his last compensation package. I suspect that same shareholder or a few others are game to try it again, especially if this time it’s coming from a more direct threat to the company and those shares’ value.