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Molly JongFast Dec 17, 2022

Some thoughts on the bad place

@mollyjongfast Some thoughts out in the investing world: Musk needs to leave either Tesla or Twitter. Or both.
https://www.cnbc.com/video/2022/12/15/first-catalyst-for-tesla-is-finding-a-twitter-ceo-says-future-funds-gary-black.html

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Toxteth O'Grady Dec 17, 2022

@mollyjongfast
There are unhappy shareholders out there. And Musk's stake, even at $134 billion, is only 14.7% overall.
Here are the other institutional shareholders of note:

Vanguard Group
BlackRock
State Street Global Advisors
Capital World Investors
Geode Capital Management LLC
Larry Ellison
T Rowe Price Associates
Fidelity Management & Research Company LLC

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RuthLInCalifornia Dec 17, 2022

@toxtethogrady @mollyjongfast I don’t own much Tesla stock, but I do own some. And I am really POed that the toxic neo-Nazi of a CEO is tanking the stock. Tesla makes really good products. My ex has had his model 3 for four years and he loves it. That is when we started buying the stock. I wish Elon would leave Tesla, so that the stock could naturally rise again.

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Toxteth O'Grady Dec 17, 2022

@RuthLInCalifornia @mollyjongfast
If I recall Robert's Rules, two shareholders can propose an action at a stockholders' meeting. Maybe even nominate candidates for the Board. Insurgencies like that probably will lose, but maybe it gets someone's attention...